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
- “The stability of Mauritania is strategic for the EU, the Maghreb, and West Africa”
- OPEC: Implications of the United Arab Emirates’ Withdrawal for Gabon
- Burkina Faso suspends rice imports: government’s immediate decision
- Banks: 11% increase in Ecobank group’s net banking income in the first quarter of 2026
- In Nairobi, TDB Group and China Development Bank revive Sino-African financial mechanism
- Building without destroying: Togo’s digital challenge
- Ecobank: 2026, the year of the great return of dividends
- MTN takes control of its Nigerian fintech for 60 million USD
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