WhatsApp)
South Africa greatly depends on the mining industry. This industry earns the country an outstanding share of income since South Africa is the world''s largest producer of platinum and gold. The state is also the fourth producer of diamonds. The country also boasts of
#0183;#32;Table Employment by Major Industry Sector; Industry Sector. Thousands of Jobs. Change. Percent Distribution. Compound Annual Rate of Change. 2009. 2019
Even in such grim employment scenario, the only streak of positivity comes from the mining industry in South Africa, which has been playing a pivotal role in eradicating unemployment of late. Alongside, mining, for the last 150 years, has been functioning as the driving force behind the economy with the mining industry shaping the countrys cultural as well as sociopolitical development.
Mining in South Africa was once the main driving force behind the history and development of Africa''s most advanced and richest economy. Largescale and profitable mining started with the discovery of a diamond on the banks of the Orange River in 1867 by Erasmus Jacobs and the subsequent discovery and exploitation of the Kimberley pipes a few years later.
The South African economy shed 2,2 million jobs in the second quarter of 2020, according to the latest Quarterly Labour Force Survey Quarter 2: 2020 results, released by Statistics South Africa on 29 September 2020. The results indicate that the number of employed persons decreased by 2,2 million to 14,1 million in the 2nd quarter read more #187;
We take a look at a few highlights/low lights of South Africa''s mining industry as published by Statistics South Africa Exactly a week after delegates closed the 26 th Investing in African Mining Indaba, Stats SA released data on the performance of the mining industry in 2019. The level of production was 1,3% lower in 2019 than 2018, which in turn was 2,1% lower than 2017.
History of mining in South Africa: Early industrial developments. The first mine to be constructed in what is now South Africa began operations in 1852, a copper project that would go on to form the cornerstone of the town of Springbokfontein, today Springbok, in the Northern Cape province.
Based on these lists of mining companies in South Africa which have been considered so far, you should bear in mind that several other companies in the industry which operate in the country. While some are large in terms of their output, staffing and equipment; some others are relatively small and so, they have to depend on the bigger companies for their effective operation.
The number of employed persons in South Africa decreased to in the second quarter of 2020 from in the first quarter of 2020. Employed Persons in South Africa averaged from 1973 until 2020, reaching an all time high of in the first quarter of 2020 and a record low of in the first quarter of 1973.
The Mining Sector. The mining sector in South Africa produces a number of raw natural resources, the vast majority of which are exported. Some of the primary products extracted and exploited by the mining sector include: gold, platinum, diamonds, uranium, chromium, zirconium, and vermiculite.
The coal industry employed 92,230 people in 2019 (86,647 in 2018), representing about 19% of total employment in the mining sector; million tonnes produced in 2019 (253Mt in 2018) with total coal sales of billion (R146 billion in 2018)
This statistic depicts the number of people employed by South Africa''s mining industry in 2019, by commodity. In that year, South Africa''s platinum mining industry employed some 164,513 people.
So, the mining estimates from the QLFS should be close to those produced by the QES. In the 3rd quarter (JulSep) of 2018, QLFS reported 406,000 people employed in Mining and the QES reported 457,000. What is important is that the patterns observed over time for the two survey are the same.
While the number of persons employed in the mining industry has declined over the past decade, the employment in associated materials technology has increased. This follows the trends in the developed countries of the world, all of which continue to rely on the raw products from developing nations like South Africa.
Economists at Momentum Investments say that the higherthanexpected growth number for the second quarter in South Africa should be read with caution given the low base in the first quarter of
Today we take a look at the number of people formally employed in the clothing and textiles industry in South Africa over time. The graphic below shows the the number of formal sector employees employed in the clothing and textiles industry in South Africa as measured by Statistics South Africa''s quarterly employment survey (QES).
In many ways, South Africas political, social and economic landscape has been dominated by mining, given that, for so many years, the sector has been the mainstay of the South African economy. Although gold, diamonds, platinum and coal are the most wellknown among the minerals and metals mined, South Africa also hosts chrome, vanadium, titanium and a number of other lesser minerals.
After growing by 3,1% in the fourth quarter of 2017, the South Africa economy wobbled in the first quarter of 2018, shrinking by 2,2% quarteronquarter (seasonally adjusted and annualised). Agriculture, mining and manufacturing were the main contributors to the slowdown, with the electricity, construction and trade industries also recording negative growth.
WhatsApp)