Some of the world’s most familiar mining brands have headed for the door, threatening severe consequences for South Africa’s struggling economy, which has also been. The nation’s unemployment rate hit a record 34.9% last year. Mining employs more than 450,000 people and makes up some 8.4% of national economic output.
A burning barricade outside a shopping center during the protests and civil unrest last July in Durban, South Africa.More than 300 people died in the nation’s two most populous provinces. The state insurance company estimated as much as $1.7 billion in losses from damage and looting. Ports were disrupted, and South Africa’s largest petroleum refinery was shut for more than a week, sparking panic buying.
In December 2019, RBM closed its mining operations on South Africa’s east coast for nearly a month following violence by local residents. One RBM employee was shot and seriously injured. Rio Tinto said the costs incurred from suspending operations were still being assessed. The company, which says it will stay in South Africa, restarted RBM operations in August, though the force majeure remains in effect.
Leave as soon as you can , no security, racism , xenophobic, black on black hatred . I know couple of investors that left last year due to the above
CARDANO
...it's a process. Gotta get off that blood money doe.
رؤساء افريقيا
For a minute there i thought you talking about yourself (US)
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