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Economy / South Africa

South Africa

January 2012 | Risk Summary

Industrial action continues to blight the South African economy and the mining sector in particular, as employers and employees fail to reach agreements on pay rises and working conditions. At South Africa-based mining company Impala Platinum, 5000 drill operators went on strike and refused to return to work on January 24 2012, even after the South African courts deemed the action to be unlawful and ordered the strikers back to work. In response the firm has said that it will dismiss the

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