The South African steel industry is at a critical juncture. ArcelorMittal South Africa (AMSA), a subsidiary of the global steel giant, is set to cut over 4,000 jobs, according to the latest statements from the Solidarity union, exceeding the initial forecast of 3,500 layoffs announced earlier this year. This new social alarm comes as the…...
Trending
- Without energy, African digital will remain a mirage
- Chad Connection 2030: country secures $20.5 billion and already closes two-thirds of the financing for its National Development Plan
- Africa and the G20: From Representation to Transformation — a Strategic Turning Point for Gender Equality?
- Senegal: Rejecting the Automatic Repayment of Illegal Debt
- UEMOA Zone: BCEAO publishes the official list of participants in the PI-SPI system
- Mali, UMOA Securities: Investors favor short term, lack of interest for 7-year OATs
- Tobacco: 87.25% increase in profit for the Ivorian Tobacco Company in the first half of 2025
- Morocco: Es-Semara-Zoueratt: The Atlantic as a strategic revenge of the Sahel (Report)
ArcelorMittal South Africa: Over 4,000 jobs at risk of being cut, South African steel industry in turmoil
By Félix NZALÉ
Félix NZALÉ
Félix Nzalé is a Senegalese journalist with a deep passion for cultural issues. He led the "CULTURE" section of SUD QUOTIDIEN (SUD Communication Group) for 10 years. Holder of dual Master’s degrees in Sociology and Philosophy, he also holds a management diploma from the Institut Supérieur de Management (ISM) in Dakar. He has contributed to the development of editorial concepts for several newspapers in Dakar.
Add A Comment
About us
Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. The aim of Kapital Afrik is to provide financial and political news, give priority to human entrepreneurial experiences, lend life to economic policies, give meaning to statistics….
Contact us: redaction@financialafrik.com