Posted inBusinessNews/Politics

Illicit capital flowing out of Africa often benefits foreign investors

No. of comments: 2

By Antonio Macheve Jr The US-Africa Summit in Washington DC has built enormous expectations for the development of Africa, particularly in what concerns economic ties, trade relations, investments and business between the nations of the African continent and the US. Despite enormous human-rights violations, conflict, widespread disease and other ills commonly known to Africa, the […]

Posted inBusinessEnvironment

The mining multinationals in Mozambique: Is it a win-win situation?

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By Antonio Macheve Jr The generic stories of multinational companies extracting natural resources from poor resource-rich countries often maintain a strong emphasis on exploitation of cheap labour, environmental degradation, poor local economic and social development, and unresponsive corporate social responsibility policies as the most direct effects of such operations on the population, particularly around the […]

Posted inEnvironmentEqualityHealth

Voices from Kagiso: Community says Mintails’ suspension is a smokescreen

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Mineral Resources Minister Susan Shabangu has suspended Australian mining company Mintails’ operations in Kagiso on the west rand after community members embarked on protests citing serious environmental, safety and health violations and structural damage to their houses as a result of the mine’s operations in close proximity to their homes. Media for Justice reports that […]

Posted inNews/Politics

Why Amplats is doing the unavoidable

No. of comments: 22

By Aidan Prinsloo The upcoming retrenchments are neither malicious nor a justified retribution. Instead, they are signs of transition that South African business must make. The Association of Mineworkers and Construction Union (Amcu) and Cosatu have expressed outrage at Amplats’ proposed cut of 14 000 jobs. Other mining companies are proposing similar cuts. Some think […]