ArcelorMittal to Cut 3,500 Jobs in South Africa as Growth Slows

[ad_1] ArcelorMittal South Africa Ltd. will shut its long steel products business and cut as many as 3,500 jobs, citing a moribund economy. The unit will be placed in care…

Anglo Consults South Africa on Potential Platinum, Iron Job Cuts

[ad_1] Anglo American Plc is considering cutting jobs at two units in South Africa because of declining platinum-group metal prices and bottlenecks curbing iron ore exports, four people familiar with…

South Africa Scrambles to Fix Ports and Freight-Rail After $27 Billion Hit

[ad_1] The South African presidency has a plan to reverse the collapse of a state-run ports and freight-rail sector that’s cost the economy at least $26.7 billion since 2010: hand…