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
- Opinion Piece by Dacian Cioloș | Francophonie: A Vision for Participatory Economic Development in Africa
- Industry: Over 6 billion FCFA Decline in Revenue for the Multinational Bitumen Company in the First Half of 2026
- : American Democracy Stands Firm Against Autocratic Pressure**
- Côte d’Ivoire Raises 44.212 Billion FCFA in UMOA Financial Market
- Financing SMEs, Building Benin
- Castel Group: Romy Castel Dismissed from Her Director Positions in Three Strategic Holdings in Africa
- : AFIS 2026 in Luanda: African finance called to transform its power into growth**
- Insurance: Dossongui Koné Brings Mediterrania Capital Partners into the Capital of AFG Assurances and Aims for 14 Companies in Africa
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