Search results “South africa economy mining company”
Copper mines in Zambia - Straight through Africa
Trade is better than aid for Africa. They say. In a journey through copper thieves and mine barons in the north of Zambia, Bram Vermeulen investigates the truth behind that slogan. From a distance they look like ants, the hundreds of men digging holes in the rubble slopes of an old copper mine in Zambia. They are looking for copper ore in the walls of the enormous pit, without wearing helmets and without reinforcing the walls of their caves. Life-threatening, of course. But they find enough to live on. Is it legal, Bram asks. They laugh about it. No of course not. But the Chinese buyer does not really ask where they get their ore from. You just have to leave when the guards of the mine come. How different is it in a huge copper mine in full operation. Huge machines drive off and on. Sirens sound regularly, followed by explosions. Here, 300,000 tons of stone are moved every day, and the copper ore from it yields a profit of hundreds of millions of dollars a year. But it is a foreign company that raises that money. And if the productivity gets too low after about twenty years, the investors will move on. From the air it is easy to see how far-reaching it all is. The mine takes big chores out of the country and turns huge plains into a kind of lunar landscape. But other changes are also visible. Houses, schools, a golf course. Prosperity, therefore, emphasizes a mine boss. Seven years ago this was still a dull provincial town, and now look! A little further on the big changes are about to begin. There is a giant copper mine here, and for that an area of ​​no less than four hundred square kilometers is expropriated. The new owners promise economic prosperity. Did not a city like Johannesburg also start out as a simple mine? Naturally, people living in the area can not stay. They have worked the land for generations, but they can not show ownership documents. They have not been asked anything. They do get compensation for their houses, chickens and fruit trees, but not for the ground. "Everything under the ground is state property," says a representative of the mining company, "and that is what the state can rent out to us." Residents who do not want to leave are squatters who violate the law from that moment on. Even though they were born and lived there all their lives. Those former residents are moved to neat new houses outside the area. With toilet, and bigger than the previous house, but without land to grow food. Some of them seem satisfied with that. Most do not. 'In Africa, land has sentimental value. You are no one without land, 'says one of them. "So you're destroying these people. They will not pass on anything to the next generation. " Episode 6. Copper fever  For Africa, trade is better than aid, or so they say. On a journey to copper thieves and mine bosses, Bram Vermeulen investigates the truth behind the slogan. Director: Doke Romeijn and Stefanie de Brouwer © VPRO October 2014 On VPRO broadcast you will find nonfiction videos with English subtitles, French subtitles and Spanish subtitles, such as documentaries, short interviews and documentary series. This channel offers some of the best travel series from the Dutch broadcaster VPRO. Our series explore cultures from all over the world. VPRO storytellers have lived abroad for years with an open mind and endless curiosity, allowing them to become one with their new country. Thanks to these qualities, they are the perfect guides to let you experience a place and culture through the eyes of a local. Uncovering the soul of a country, through an intrinsic and honest connection, is what VPRO and its presenters do best. So subscribe to our channel and we will be delighted to share our adventures with you! more information at www.VPRObroadcast.com Visit additional youtube channels bij VPRO broadcast: VPRO Broadcast: https://www.youtube.com/VPRObroadcast VPRO Metropolis: https://www.youtube.com/user/VPROmetropolis VPRO Documentary: https://www.youtube.com/VPROdocumentary VPRO World Stories: https://www.youtube.com/VPROworldstories VPRO Extra: https://www.youtube.com/channel/UCTLrhK07g6LP-JtT0VVE56A VPRO VG (world music): https://www.youtube.com/vrijegeluiden VPRO 3voor12 (alternative music): https://www.youtube.com/3voor12 VPRO 3voor12 extra (music stories): https://www.youtube.com/channel/UCtgVYRLGraeL9rGMiM3rBHA www.VPRObroadcast.com English, French and Spanish subtitles by Ericsson and co-funded by the European Union.
Views: 5820 vpro world stories
🇿🇦 What's the future of South Africa's mining sector? | Inside Story
South Africa has some of the world’s biggest reserves of platinum, gold, iron ore and coal. But mining now makes up less than 7% of its economic output, a steep fall from 20% in the 1970s. Mining companies are blaming low prices and soaring production costs for their plans to cut thousands of jobs at a time the country is struggling with high unemployment rates. Mining is also intertwined with race relations in South Africa. The people who work deep underground in often dangerous conditions are overwhelmingly black, while the executives overseeing them are mainly white. Some of the firms have pushed back against government plans to make them bring on more black shareholders. So, is it a losing battle for the mining sector? And can South Africa move away from its dependence on commodities? Presenter: Mohammed Jamjoom Guests: Lebohang Pheko - Senior Research Fellow at Trade Collective - a non-profit think-tank. Moleko Phakedi - Deputy General Secretary, South African Federation of Trade Unions. Ralph Mathekga - Researcher and Lecturer at the University of the Western Cape. - Subscribe to our channel: http://aje.io/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: https://www.aljazeera.com/
Views: 4816 Al Jazeera English
Marginal growth in mining, financial sector narrowly averts recession in South Africa
South Africa's growth for the last quarter of 2015 came in a touch higher than expected. However, it was was still dismal at just 0.6% for the three months to December. This is South Africa's worst economic performance since the financial crisis in 2009 but economists are relieved that the country managed to avoid a recession. The main contributors to the marginal growth were the financial services sector and mining, that saw a rebound in the second half of the year. Manufacturing remains in recession while the agricultural sector was hard hit by the country's worst drought in history. With these sectors expected to remain under pressure, growth is Africa's second largest economy will remain weak for some time
Views: 113 CGTN Africa
Real Economy Report 143 State mining company
The President of South Africa, Jacob Zuma, has officially launched the State mining company, African Exploration Mining & Finance Corporation, where he said that the government would no longer only be a regulator of the mining industry, but also a participator.
Views: 310 CreamerMedia
Newsroom: Analysis of Mining Industry in South Africa
Green shoots of growth are beginning to sprout for the mining industry so far this year, with the World Bank forecasting strong gains for industrial commodities - such as energy and metals. However the spotlight is on the mining companies performance which seems positive with a flood of opportunities for sector participants. But 2017 is still set to be a challenging year for the sector, to tell us more, we were joined in studio by Head of Mining at Cliffe Dekker Hofmeyer, Allen Read For more news, visit: http://www.sabc.co.za/news
Views: 372 SABC Digital News
Top 10 Gold Producing Countries in Africa
#africatop10 When it comes to gold mining, Africa is one of the hotspots. The region is home to many exploration companies, as well as a slew of major international companies focused on extracting the precious metal. And in this video 2nacheki presents Top 10 Gold Producing Countries in Africa which was suggested by Alkheir Abubaker Here are 10 Gold Producing Countries in Africa Source: 1. http://www.indexmundi.com/minerals/?product=gold 2. https://www.mbendi.com/indy/ming/gold/af/p0005.htm 3. http://www.miningafrica.net/mining-countries-africa/ 4. https://investingnews.com/daily/resource-investing/precious-metals-investing/gold-investing/africa-ghana-mali-burkina-faso-iamgold-roxgold-true-gold-randgold-perseus-askano/ / Music: http://www.bensound.com Have an idea for an African top 10 video? Leave them in the comment section below. Subscribe for more videos -~-~~-~~~-~~-~- Thanks for watching 2nacheki the biggest African channel on Youtube from #Africa . All our videos are aimed at Educating, Informing, Reviewing, Criticizing & Ranking everything #African. Our content includes: #africanews #africalist #Africanpopculture #Africaentertainment #Afrcicanmusic #Africanculture #Africanpolitics & #Panafricanism Support #2nacheki here PayPal: http://bit.ly/help2nacheki Patreon: http://bit.ly/support2nacheki We have written permission to use the majority of content found on this channel by the content owners themselves and do not infringe on any copyrighted content knowingly. As for the other content on this channel we assure you it is strictly only used under Fair Use. Copyright Disclaimer: Under Section 107 of the Copyright Act 1976, allowance is made for fair use for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Email us [email protected] for ads partnership, collabos, sponsorship or content issues. -~-~~-~~~-~~-~-
Views: 52759 2nacheki
Invest in Lephalale - Amazing economic growth in this South African mining town!
This town is known as South Africa's power capital because the are holds 45% of South Africa's coal reserves. The economic growth is explosive because of the mining activity and power-generation plants being constructed, expanded and upgraded in the region. From solar, to coal, this town is electrifying! Find out how you can own an investment property in Lephalale with fantastic returns: http://www.justinvest.co.za/shandrani/ *Reference links to the stats contained in this video: http://www.wikiwand.com/en/Lephalale http://www.mining-technology.com/uncategorised/newsexxaro-to-spend-more-than-1bn-on-grootegeluk-mine-in-south-africa-4388934/ http://www.exxaro.com/operations/grootegeluk-6-gg6 https://www.fin24.com/Companies/Industrial/first-private-coal-power-station-bidders-announced-20161010 https://www.onlinetenders.co.za/news/r40bn-for-new-coal-power-projects https://www.miningreview.com/exxaros-thabametsi-power-project-preferred-ipp-bidder/ https://www.mining-technology.com/projects/waterberg-pgm-project/ http://www.resgen.com.au/our-business/boikarabelo-coal-mine https://www.moneyweb.co.za/news/industry/a-r17bn-investment-in-the-waterberg/ https://www.iol.co.za/business-report/companies/eskom-plant-brings-boom-to-lephalale-1591263 http://communitymonitors.net/2017/07/three-new-mines-granted-mining-licenses-in-lephalale/ http://www.lephalale.gov.za/developments/agriculture.php https://oms.entegral.net/files/o1755/external/property/361804/About%20Ellisras.pdf http://www.noordnuus.co.za/articles/news/21202/2013-09-13/a-coal-mine-on-your-stoep?highlight http://www.jindalafrica.com/south-africa http://www.galileoresources.com/projects/Glenover%20Geological%20and%20Resource%20Report%203%20August%202012.pdf http://www.noordnuus.co.za/articles/news/19927/2013-07-04/lephalale-and-steenbokpan-a-tale-of-two-cities https://www.onlinetenders.co.za/news/r40bn-for-new-coal-power-projects http://www.sahra.org.za/sahris/sites/default/files/additionaldocs/11.%20Appendix%20K%20Sekoko%20(Socio-Economic).pdf http://www.angloamerican.com/~/media/Files/A/Anglo-American-PLC-V2/slp/slp-mogalakwena-31-july-2017.pdf
Views: 630 Just Invest
Mining in South Africa : An industry in crisis
South Africa's mining industry and its labour issues has been thrust into the world spotlight ever since the Marikana Massacre in 2012. In 2014 the focus has been firmly on the issues of wages as well as work and safety conditions across the different mining sectors. TVC News Correspondent Marcelle Gordon picked the brain of a leading mining industry analyst about the role of government in the increasingly hostile relationship between mining companies and their workers.
Views: 1750 TVC News
South Africa gold mining production declines
South Africa’s mining production and sales report shows a sector yet again in decline and a threat to the wider economy. Mining production fell by 2.6 per cent year on year in May, primarily on the back of a 16.2 per cent decline in the gold sector. Joining CNBC Africa is Peter Major, Director Mining at Cadiz Corporate Solutions. https://www.cnbcafrica.com/videos/
Views: 433 CNBCAfrica
Effective Solutions for South Africa's Mining Sector
Months of violent labour unrest in the mining sector last year, including the police killing of 34 strikers at Lonmin's Marikana mine, reduced the growth of Africa's biggest economy and triggered credit rating downgrades
Views: 55 CNBCAfrica
South Africa mining industry hit by job losses
South Africa’s government says this year will be a tough one for its mining industry. Job losses are set to continue into the thousands, with plummeting commodity prices forcing mining houses to drive down costs. Fahmida Miller reports from the biggest annual mining conference in Cape Town, where stakeholders are looking for a way forward. - Subscribe to our channel: http://bit.ly/AJSubscribe - Follow us on Twitter: https://twitter.com/AJEnglish - Find us on Facebook: https://www.facebook.com/aljazeera - Check our website: http://www.aljazeera.com/
Views: 973 Al Jazeera English
South Africa's giant mining companies on strike
http://www.euronews.net/ - South Africa's giant mining companies were badly hit by a strike over rising power, food and fuel prices.
Views: 6136 No Comment TV
South Africa's small business sector key in growing country's economy
South Africa's finance minister in his budget policy statement acknowledged that the small business sector is a key driver in growing the country's economy. At the moment the country will grow at zero point five percent this year and may reach one point seven percent in 2017. Angelo Coppola spent time at a small business meeting in Johannesburg, searching for answers on their role.
Views: 160 CGTN Africa
“Visions of Gold” is a short color film on “Gold! The thread from which we weave our dreams! The key to stability!” Produced by South African film maker Emil Nofal in the mid-1960s, the film opens with rows of gold bars as the narrator Joe Stewardson explains how (in1 885) itinerant prospectors George Walker, along with George Harrison, stumbled on surface outcrops of gold-rich conglomerate on an old farm near the Witwatersrand basin —land that is now near the center of Johannesburg. (Both men quickly sold their claims for the equivalent of a few hundred dollars. Today, the gold fields in the region are worth billions.) From across the world, prospectors descended on South Africa in search of gold, as we see throngs of prospectors and opportunists starting at mark 02:45. Spurred on by visions of wealth, the fortune hunters eventually thought they had taken all the gold that was there, we are told. But at mark 06:10, Stewardson explains that more inventive prospectors at the turn of the 20th century found ways to dig deeper into the Earth in search of gold. The worldwide economic depression of the 1930s, we learn at mark 07:00, unraveled the fabric of prosperity. “The spinners of dreams all over the world now wore the dark cloth of despair.” Only the fantasy of gold remained, with South African workers eventually mining more than two miles into the ground in search of gold, as the camera plummets down a mine shaft. By mark 09:20, we see men maneuvering through tunnels and drilling into the Earth in search of deposits, and later watch as men turn the fruits of those labors into glistening gold bars. We encourage viewers to add comments and, especially, to provide additional information about our videos by adding a comment! See something interesting? Tell people what it is and what they can see by writing something for example like: "01:00:12:00 -- President Roosevelt is seen meeting with Winston Churchill at the Quebec Conference." This film is part of the Periscope Film LLC archive, one of the largest historic military, transportation, and aviation stock footage collections in the USA. Entirely film backed, this material is available for licensing in 24p HD and 2k. For more information visit http://www.PeriscopeFilm.com
Views: 9058 PeriscopeFilm
S Africa can no longer depend on mining sector to drive economic growth
South Africa needs to sharpen up its industrialisation programme if it is serious about reaching the 5.4% a year gross domestic product growth target as set out in the National Development Plan, as the country can no longer depend on its declining mining sector to drive economic growth.
Views: 62 CreamerMedia
African mining: Opportunities and challenges
Africa's mineral industry is the largest mineral industries in the world. Mineral-rich countries in Africa enjoyed a mining boom between 2002 and 2007 as metal and oil prices nearly tripled. Companies competed furiously for new mines to meet growing world demand. But since then, amidst a global economic downturn, it hasn't been an easy time for the mining sector with commodity price volatility. On this CNBC Africa Special we talk to a panel of experts on what it takes to mine in Africa.
Views: 1032 CNBCAfrica
South Africa Mining Indaba: Mining Companies Urged To Invest Staff Health Care
Healthcare featured for the first time at the annual Mining Indaba taking place in South Africa. Mining companies have been urged to invest more in improving healthcare services in the communities they operate. The recent Ebola outbreak in West Africa had a huge impact on mining operations in the region. Mining remains an important revenue stream for African economies. Sumitra Nydoo reports from Cape Town
Views: 143 CGTN Africa
South African mining industry hopes for improvement
There is renewed optimism that the South African mining industry will do much better than last year. This is on the back of changes in leadership in the ruling party with hopes of pro-business reforms under the new leadership. The industry has been clouded by the impasse between government and business over the new mining charter that has impacted on confidence. For more news, visit: http://www.sabc.co.za/news
Views: 86 SABC Digital News
South African mining sector faces tough year | Business
South African mines are shedding workers in response to falling commodity prices. 3,900 jobs are at stake in the town of Kathu alone.
Views: 790 DW News
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Views: 84 Jaime5 Castillo83
Black owned South African company focused on mine dump rehabilitation
From Creamer Media in Johannesburg, this is the Real Economy Report. Black owned green technology company G-Tech is currently running a mine dump rehabilitation project in Randfonetin, West of Johannesburg, on one of South Africa-focused gold miner Mintails’ tailings sites. Anine Vermeulen has the story.
Views: 347 CreamerMedia
Financialisation of Economy Exacerbating Problems of Minerals Energy Complex in South Africa
Seeraj Mohamed, Director of Corporate Strategy and Industrial Development, School of Economic and Business Sciences, Wits University talks about the increasing role of finance in the South African economy, tracing its roots to the apartheid era. We've seen a process of policy continuation from the apartheid government to the ANC-led government to follow the model of liberalizing the economy by emulating the policies of the US and the UK, contends Mohamed. He elaborates - as South Africa came out of apartheid, on top of an unequal society and an economic structure based on the minerals energy complex (MEC), the country went through a process of the financialisation of the economy. Large mining and financial companies embraced a process of global financialisation and the global corporate restructuring that went with it. Consequently, a huge amount of money left the country as companies, such as, Anglo American and Old Mutual listed offshore. They essentially took a huge amount of capital - wealth that had been created by exploiting resources and people - and used it to become major international players. Moreover, when these corporations went global, they became influenced by the shareholder value movement and institutional investors of the North, Mohamed argues. In addition, as this capital moved offshore, the South African economy became much more dependent on mining again. The huge growth in the financial sector weakened South Africa's already weak industrial structure. Mohamed contends that the financialisation of the South African economy has exacerbated the problems of the MEC in South Africa. The major players that had benefited from the growth of the MEC and the apartheid state's support of mining and finance have now become global players and they are not really interested in employment creation, industrial diversification or building the South African economy.
Views: 744 SACSIS
Eight miners rescued from South African gold mine, nine remain trapped, missing
Originally published on February 5, 2014 ------------------------------------------------------------------------------------------------ Eight miners trapped in a goldmine fire near Johannesburg were rescued on Wednesday (February 5) while nine others remain missing. The fire broke out on Tuesday evening in a Harmony Gold's mine 1.7km underground Doornkop, 30km west of Johannesburg. The National Union of Mineworkers said in a statement that seismic activity dislodged rocks and damaged pipes and power cables, triggering a fire in the tunnel. Eight mine workers who had escaped into a 'rescue bay' equipped with oxygen tanks and water were later brought to the surface. Nine miners remain trapped underground. Rescue teams were sent underground but could not gain access to the affected area because of smoke and a rock fall, according to a company spokesman. Mining is a vital part of South Africa's economy, yet South African gold mines are among the deepest and the most unstable in the world. The Doornkop mine is located on the west rand, which is rich with gold. A fire in a Harmony mine in 2009 killed 82 workers, most of them from suffocation. ------------------------------------------------------------------------------------------------ Welcome to TomoNews, where we animate the most entertaining news on the internets. Come here for an animated look at viral headlines, US news, celebrity gossip, salacious scandals, dumb criminals and much more! Subscribe now for daily news animations that will knock your socks off. http://www.youtube.com/subscription_center?add_user=TomoNewsUS Check out our official website: http://us.tomonews.net/ Stay connected with us here: Facebook http://www.facebook.com/TomoNewsUS Twitter @tomonewsus http://www.twitter.com/TomoNewsUS Google+ http://gplus.to/TomoNewsUS -~-~~-~~~-~~-~- Please watch: "Crying dog breaks the internet’s heart — but this sad dog story has a happy ending" https://www.youtube.com/watch?v=4prKTN9bYQc -~-~~-~~~-~~-~-
Views: 1488 TomoNews US
Calls increase to nationalise South Africa's mines
Subscribe to our channel http://bit.ly/AJSubscribe Striking miners in South Africa are calling for the nationalisation of private companies saying government control could end growing inequality between employees and their bosses. However, some worry that nationalisation would scare away foreign investment and be detrimental to South Africa's economy. Al Jazeera's Haru Mutasa reports on this controversial subject Johannesburg.
Views: 1416 Al Jazeera English
Will New ANC President Ramaphosa Bring Real Change to South Africa?
Cyril Ramaphosa, who was recently elected to head South Africa's ANC, is closely associated with major economic interests in South Africa, such as the Lonmin Mining Company, and is thus unlikely to bring about real change says Patrick Bond Visit http://therealnews.com for more stories and help support our work by donating at http://therealnews.com/donate.
Views: 1765 The Real News Network
The British South African Company and It's economic Interests in Northern Rhodesia Today With Zamtel
Did you know that the Victoria Falls bridge was a brainchild of John Cecil Rhodes as part of this grand and unfulfilled dream to create an economic Transport system from Cape to Cairo? In this Episode of Today with Zamtel, I had the opportunity to explore History bits and pieces of the British South Africa Company (The BSA) and its economic interests in Northern Rhodesia Present day Zambia. Our Production crew focuses on how John Cecil Rhodes the founder of the British South Africa Company pushed British influence into the region of present day Zambia as part of the Scramble for Africa by obtaining mineral rights from local chiefs under questionable treaties. We also highlight his dream to extend the British Empire north, linking the Cape of Good Hope and Cairo. Credits Anchor Kalumba Chikonde Presenter/Researcher/Script writer Patience Chisanga Camera Lewis Mundyongo Mark Mwanamwalye Continuity Script Kennedy Mambwe Production Assistant Wilson Chipwende Video Editor Vincent Chanda Producer Kennedy Mambwe Executive Producer Evans Muhanga Executive Director Father Charles Chilinda Pictures Courtesy of National Archives of Zambia Special thanks to all who corporate in the production Of this programme Produced by Loyola Productions Copy Right Zamtel 2014
Views: 4418 Patience Chisanga
South Africa miners reach $400 million deal for lung disease with mining companies
In a massive settlement the South African gold mining companies agreed for a $400 deal for the miners who have contracted lung diseases over the years. Watch the video to know more. The world is One News, WION examines global issues with in-depth analysis. We provide much more than the news of the day. Our aim is to empower people to explore their world. Please keep discussions on this channel clean and respectful and refrain from using racist or sexist slurs as well as personal insults. Subscribe to our channel at https://goo.gl/JfY3NI Check out our website: http://www.wionews.com Connect with us on our social media handles: Facebook: https://www.facebook.com/WIONews Twitter: https://twitter.com/WIONews Google Plus: https://plus.google.com/+WIONews
Views: 138 WION
Inside a South African gold mine
Friday marks a year since 34 miners were shot dead by police in the South African town of Marikana in a dispute over wages. Mine unions say there has been little improvement since then. South Africa's economy has long been driven by mining but production has dropped over the decades. Mark Lowen was given rare access into a gold mine to see what conditions are like and to follow the mining process. News,Super,Videos,Inside,south,african,gold,mine,Gold Mining (Industry),South Africa (Country),Head,Roses,Commercial,Sweet,Haiti,Your,Spot,Pig,Kenya,Earthquake,Guinea,Advertisement
Views: 503 News Super Videos
South African mining activities contributing to acid water
The World Health Organization says 98% of inhabitants in large cities with low to middle income economies are facing excessively high air pollution. In South Africa, more than a century of gold mining has left Johannesburg city with a poisonous legacy- ACID WATER. Cleaning up Acid water is proving a major headache.
Views: 489 CGTN Africa
South Africa's new mining  rules may result in court battle
South Africa's latest mining overhaul could be mired in a long legal battle after The Chamber of Mines, which represents South Africa's biggest producers, vowed to stop the changes. The government wants companies to ensure that South African assets are 30 percent black-owned within 12 months, up from a previous level of 26 percent. That means several of the country's biggest mining companies would have to sell new stakes, raising the risk of dilution for existing investors. The new rules, don't give credit for deals already concluded and from which black shareholders have since divested. Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 291 CGTN Africa
South Africa - Best Business Opportunities, Industry Startup and Entrepreneurship
South Africa - Best Business Opportunities, Identification and Selection of right Project, Thrust areas for Investment, Industry Startup and Entrepreneurship Introduction South Africa is the southernmost country in Africa. It is bounded on the south by 2,798 kilometers of coastline of southern Africa stretching along the South Atlantic and Indian Oceans, on the north by the neighboring countries of Namibia, Botswana and Zimbabwe, and on the east by Mozambique and Swaziland, and surrounding the kingdom of Lesotho. Unlike most other countries around the world, South Africa has not one but three capital cities. More precisely, the government branches are divided among three major South African cities: Pretoria, Cape Town, and Bloemfontein. South Africa is the second largest economy in Africa. BUSINESS SECTORS Agriculture South Africa has a dual agricultural economy, with both well-developed commercial farming and more subsistence-based production in the deep rural areas. Agricultural activities range from intensive crop production and mixed farming in winter rainfall and high summer rainfall areas to cattle ranching in the bushveld and sheep farming in the arid regions. Maize is most widely grown, followed by wheat, sugar cane and sunflowers. Citrus and deciduous fruits are exported, as are locally produced wines and flowers. There has also been more diversification in terms of products such as soybeans. These are in high demand globally and investment is increasing to support production. Forestry and Fisheries The Department of Forestry and Fisheries is one of the departments of the South African government. It is responsible for overseeing and supporting South Africa's agricultural sector, as well as ensuring access to sufficient, safe and nutritious food by the country's population. The main challenge in fisheries is to create a balance between maximizing the social and economic potential of the fisheries industry; protecting the integrity and quality of the country's marine and coastal ecosystems and addressing transformation in the sector. The long-term success of South Africa’s fishing industry and coastal fishing communities is inextricably linked to our ability to implement sustainable solutions to these challenges through responsible and collaborative management. Tourism South Africa's scenic beauty, magnificent outdoors, sunny climate, cultural diversity and reputation for delivering value for money have made it one of the world's fastest growing leisure – and business – travel destinations. The tourism industry continues to play an important role in the South African economy. Growing at three times the world average, tourism has become one of the most important sectors in South Africa following the end of apartheid, creating almost a million jobs and even overtaking gold exports as an earner of foreign currency. South Africa is one of the top leisure destinations in the world. With its rich diversity and culture, and picture perfect scenery, our country has a lot to offer avid travelers. Mining and Mineral Mining in South Africa has been the main driving force behind the history and development of Africa's most advanced and richest economy, after Nigeria. The industry remains the biggest contributor to the country's gross domestic product. The mining industry has embraced a new way of doing business. "Organizations have entered a new era of doing business in communities to whom products and services are sold and on whom mining companies depend for future sustainability and profitability. The future of mining in the country largely depends on the successful implementation of skills development initiatives. With South Africa’s economy built on gold and diamond mining, the sector is an important foreign exchange earner, with gold accounting for more than one-third of exports. Energy Sector Energy development is a field of endeavor focused on making available sufficient primary energy sources and secondary energy forms to meet the needs of society. The South African energy sector has been, and continues to be, at the centre of the country’s development. The energy sector has supported major investments in heavy industry and mining, which shape the economic and energy structure of the country. Much of the manufacturing sector is also linked to mining activities through minerals beneficiation and metals production. All of these activities are energy-intensive, relying on the availability of coal for electricity production. See more at: http://goo.gl/oeFXrv http://www.entrepreneurindia.co/ Contact us: Niir Project Consultancy Services 106-E, Kamla Nagar, Near Spark Mall, New Delhi-110007, India. Email: [email protected] , [email protected] Tel: +91-11-23843955, 23845654, 23845886, 8800733955 Mobile: +91-9811043595 Fax: +91-11-23841561 Website : http://www.niir.org http://www.entrepreneurindia.co
SA’s mining industry still has the potential to creating jobs
Despite the challenges it faces, the South African mining industry still has the potential to contribute to creating jobs and addressing socio-economic ills. That's the word from the conference on sustainable mining underway in Johannesburg. Speakers have called for policy clarity to attract investment and strengthen the beneficiation of minerals.
Views: 182 SABC Digital News
MINING FOCUS: History of Diamond mining in South Africa
Diamonds. Exquisite and beautiful diamonds were South Africa's debut mineral, heralding later capacity to create a lucrative and well developed minerals-energy complex at the heart of her economy. But, as in love, in mining diamonds have brought misery to the community and clan who were the first legal owners of the diamond field and who mined the alluvial diamonds of the Orange River. Thandeka Gqubule-Mbeki reports. For more news, visit: sabcnews.com
Views: 127 SABC Digital News
Five things you need to know about the South African mining strike
A strike affecting South African platinum mines has so far lasted five months, here are five things you need to know: Unions are demanding employers double wages for around 70,000 miners One of the mining firms hit by the strike, Lonmin, has seen Platinum production fall by around 40% The strike has seen the price of Palladium, used in catalytic converters hit a 33 month high. Supply shortages for platinum and palladium will be the largest in more than three decades this year The strike is now threatening to drag the South African economy towards recession, the economy shrank by 0.6% in Q1, the first time since 2009.
South Africa mining sector struggling
South Africa's once mighty mining sector is struggling under the weight of falling commodity prices, labour pressure for higher wages, and a tough international investment environment. Industry leaders have gathered in Johannesburg to thrash out strategies to stimulate the ailing sector.
Views: 138 CGTN Africa
KZN Top Business Awards 2016 - Mining and Quarrying: Richards Bay Minerals
THE WINNER IS ... Richards Bay Minerals Richard Bay Minerals (RBM) is an integral part of the Richards Bay, KwaZulu-Natal and South African economies. RBM's growth has stimulated employment, infrastructural development, and has encouraged the uptake of skills within the local workforce. The company contributes 50 percent of KZN's mining sector by value of output representing 3.3 percent of the national mining sector output. RBM is also a major employer and the single largest taxpayer in KZN. This year marks RBM's 40th anniversary. FINALISTS Corobrik Corobrik with its head office in Durban and 15 factories around South Africa is geared to distribute in excess of five million products each day. Corobrik's quality products, people and the company's logistics and technology strengths have underpinned its solid performance and ongoing contribution to the economy of KZN. Foskor Foskor, a proudly South African producer, unlocks shareholder value through the profitable, responsible and sustainable beneficiation of phosphate rock into either phosphoric acid or phosphate-based granular fertilisers sold globally. Tronox Tronox is one of a few companies to have made a major investment in the KZN economy in 2015, with the opening of the Fairbreeze mine in Empangeni. The mine was a 3.3 billion Rand investment for the area
Views: 140 Grant Adlam
Mining Sickness - South Africa
June 2002 Vantech produces 20% of the world's Vanadium, a mineral used in steel and glass.
Views: 2712 Journeyman Pictures
There are fears that South Africa's economy is stagnating
There are fears that South Africa's economy is stagnating. But mining data released next week is expected to show that the sector is recovering from crippling strike action earlier this year. Manufacturing data could be another story. A slowdown is expected due to the National Union of Metalworkers strike that ended in July.
Views: 176 SABC Digital News
New South African mining charter requires locals to get 10% stake
South Africa unveiled a new regulatory charter for its mining industry on Thursday. Presented by Resources Minister, Gwede Mantashe, the third version of the charter requires miners to provide their local communities and employees with a free 10 percent stake of their firms. The charter raises the level of black ownership as expected to 30 percent from 26 percent, with 20 percent for black business interests and 5 percent each for communities and employees. Some companies may struggle to implement this, however unions say the move is needed to secure social peace. Mining operations in the world's top platinum producer which also exports gold, coal, diamonds and iron ore are flashpoints of social and labor unrest amid perceptions that the wealth flowing from the shafts does not benefit local communities Subscribe to us on YouTube: http://ow.ly/Zvqj30aIsgY Follow us on: Facebook: https://www.facebook.com/cgtnafrica/ Twitter: https://twitter.com/cgtnafrica
Views: 535 CGTN Africa
South African mining must be made globally competitive – Motsepe
JOHANNESBURG (miningweekly.com) – All South Africans need to work together to ensure that the South African mining industry is a globally competitive investment destination, said African Rainbow Minerals (ARM) executive chairperson Patrice Motsepe on Thursday, when he declared the black-controlled company’s highest-ever dividend.
Views: 1261 MiningWeekly
South Africa Mining: New laws crack down on illegal practices
The South African government has been trying to stop illegal mining since 2009. That's when it passed a law making it a crime. It didn't stop the work of hundreds of small-scale miners without licenses. But now there's a new law to deal with the problem. Adesewa Josh reports.
Views: 202 TRT World
Business Incorporated: South Africa Now The Biggest Economy In Africa
For more information log on to http://www.channelstv.com
Views: 377 Channels Television
South African mining unrest spreads
Strikers from two other mines have joined thousands protesting at the Lonmin mine where 34 strikers were killed by police. Al Jazeera's Haru Mutasa reports
Views: 3160 Al Jazeera English
South Africa allows Silicosis class action against Gold firms
Up to half a million gold miners are now entitled to pursue multi-million-dollar class action against mining companies. The miners can sue about 30 companies for damages after suffering from silicosis contracted while working in dangerous underground conditions over the past decades. The defendants include mining giants Anglo American, AngloGold Ashanti and Gold Fields. Silicosis is an incurable disease that damages the lungs. It is caused by inhalation of silica dust while drilling rocks. The companies issued a statement saying they were studying the court's decision. Watch Live: http://www.presstv.ir/live.html Twitter: http://twitter.com/PressTV LiveLeak: http://www.liveleak.com/c/PressTV Facebook: http://www.facebook.com/PRESSTV Google+: http://plus.google.com/+VideosPTV Instagram: http://instagram.com/presstvchannel SoundCloud: https://soundcloud.com/videosptv
Views: 329 PressTV
Nationalisation of African Mines
(www.abndigital.com) It is getting increasingly expensive to be a mining company in Africa as more and more nations sway towards nationalism, as a burning desire for control over natural resources by people and governments mounts. African nations are placing increasing taxes on mining as they fight for their share. In South Africa there has even been persistent talk of nationalisation.
Views: 841 CNBCAfrica
South Africa: Mining community mourning killed activist
A coastal community in South Africa is mourning the death of an anti-mining activist, killed last week. Sikhosiphi Rhadebe had been battling for years to stop an Australian company from mining titanium in the region's dunes. Al Jazeera's Fahmida Miller reports from Eastern Cape. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on Facebook https://www.facebook.com/aljazeera Check our website http://www.aljazeera.com/
Views: 576 Al Jazeera English
Foskor Corporate DVD
Foskor is a proudly South African producer of phosphates and phosphoric acid with international exposure. Foskor unlocks shareholder value through the profitable, responsible and sustainable beneficiation of phosphate rock into either phosphoric acid or phosphate-based granular fertilisers sold globally.
Views: 1800 Jeanine Arnold
South Africa Mine workers See No Much to Celebrate in 2013 Workers Day
Even as the world celebrates workers day, South African mine workers are still mourning co-workers who lost lives in 2012 industrial action. Around 6000 workers took part in an illegal strike in South Africa's platinum sector last year, calling for higher salaries and better living conditions. Emotions ran high, as the disgruntled, heavily-armed protesters vowed that they were prepared to die for their cause. Ten people were killed at the Lonmin Platinum Mine in the first week of the strike. And on the 16th of August, 34 of them were gunned down in bloody clashes with the South African Police.
Views: 438 CGTN Africa
Mining Policy and Taxation in South Africa
With Roshelle Ramfol of the Durban University of Technology and Thomas Lassourd of the Natural Resource Governance Institute. Filmed at the NRGI-Central European University School of Public Policy course Reversing the Resource Curse: Theory and Practice in April 2016.
South Africa's weak economic  growth affecting business environment
Most of the current tough economic conditions facing South Africa are due to foreign pressures pushing the economy to its weakest since the Global financial crisis in 2008. CCTV's Angelo Coppola reports that data released on Thursday points to these pressures being felt by the business community.
Views: 297 CGTN Africa