Miners’ disruption hits South Africa’s economy

Mining is crucial to South Africa's economy (photo:dpa)
Mining is crucial to South Africa's economy (photo:dpa)

Striking miners, whipped up by former ANC youth leader Julius Malema, are spreading disruption throughout South Africa’s all-important mining sector. Mining is crucial to the country’s economy accounting for 42 per cent of exports and 18 per cent of South Africa’s GDP. Finding a solution is vital for business and for President Jacob Zuma.

MINING is the backbone of South Africa’s economy employing a million people, forming 42 per cent of its exports and accounting for 18 per cent of gross domestic product.

The country’s mineral wealth is worth US$2.5 trillion and holds the most valuable reserves in the world. It also has more manganese and platinum tha...

Not a subscriber yet?

Subscribe now and get the latest in-depth geopolitical analysis and forecasts from GIS’s unrivaled cadre of experts.

Learn more about our subscription plans.

You can also buy this report for €8.99 Buy

Add your comment