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S.Africa's Amplats fires 12,000 strikers as unrest deepens
S.Africa's Amplats fires 12,000 strikers as unrest deepens
10-05-2012 08:41 AM JOHANNESBURG (Reuters) - Anglo American Platinum (Amplats) fired 12,000 wildcat strikers on Friday, a high-stakes attempt by the world's biggest platinum producer to push back at a wave of illegal stoppages sweeping through South Africa's mining sector and beyond. The rand fell sharply after the announcement, suggesting investors fear the sackings could worsen what is shaping up to be the most damaging period of labour unrest in Africa's biggest economy since the end of apartheid in 1994. Police shot dead one striking miner overnight, bringing the death toll in two months of unrest to 48. ... More... |
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