The jobs bloodbath is upon South Africa as the economy tanks under the weight of the COVID-19 Pandemic. Job losses are not only in the private sector.
Former mine workers at the Optimum mine in Hendrina in Mpumalanga who lost their jobs when the mine was handed over to a business rescue practitioner in February are calling on government to intervene.
The Commission for Conciliation, Mediation and Arbitration (CCMA) has warned that it will continue to see an increase in caseloads in the next few years as the labour market sheds jobs.
The Minerals Council has warned that gold and platinum mines in the country could shed around 90 000 jobs in the next three years due to above-inflation electricity increases adding to already soaring operation costs.
R7 billion and 31 000 jobs have been lost since January 2018 due to the persistent drought and severe heat conditions in the country.