Numsa will fight to save jobs affected by closure of ArcelorMittal plants.

Loading player...
GUEST – Phakamile Hlubi Majola – NUMSA Spokesperson

The National Union of Metalworkers of South Africa (Numsa) is stepping up to fight the closure of ArcelorMittal South Africa’s long-steel plants, a move that could result in the loss of up to 3,500 jobs. Numsa has expressed deep concern over the potential impact
of these closures on workers, local communities, and the broader manufacturing and industrial sectors. The union is calling for urgent government intervention, as they believe that the closure of these plants would not only exacerbate the already high levels
of unemployment and inequality but also hinder the country’s industrialization efforts.
7 Jan 2025 11AM English South Africa Business News · Investing

Other recent episodes

INSIDE YOUR BUSINESS: Transformation fund: opportunity or threat for SMEs?

The government is preparing to launch a revamped Transformation Fund as early as next week, rewriting incentives that have shaped corporate behaviour for more than two decades. Joining Gugulethu today is Jamell Khan from Unconventional CA (UCA), who has been vocal about the risks of centralising corporate transformation funds.
28 Jan 1PM 12 min

SAFDA’s plan to rescue Tongaat-Hulett and protect farmers’ livelihoods

South Africa’s sugar industry faces a critical moment as Tongaat-Hulett, one of the country’s oldest and most prominent sugar producers, confronts provisional liquidation despite ongoing efforts to stabilise the business. South African Farmers’ Development Association (SAFDA), led by Chairperson Dr Siyabonga Madlala, has stepped in to assure farmers and employees…
19 Feb 2PM 17 min

South African professionals are facing a new era of stress

South African professionals are facing a new era of stress, one that is no longer confined to busy periods or isolated pressures but embedded in the fabric of everyday life. The 2025 Profmed Stress Index released on Thursday reveals a workforce grappling with financial strain, toxic workplace cultures, systemic instability…
19 Feb 2PM 11 min