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Africa Live this week: 12-18 February 2024 - BBC News Africa Live this week: 12-18 February 2024 - BBC News
(32 minutes later)
Anglo American Platinum, the world's largest producer of the precious metal, plans to cut thousands of jobs at its mines in South Africa. Mike Thomson
The cuts come a year after the company's profits slumped by 71%. BBC World Service News
On Monday, Anglo American said it was embarking on a restructuring that
could affect about 3,700 South African jobs - that's 17% of its workforce in the country. The jailed head of Tunisia’s Islamic opposition Ennahda party, Rached Ghannouchi, has joined a hunger strike by other political detainees to mark a year since their detention began.
The restructuring decision "has not been taken lightly", Anglo American CEO Craig Miller was quoted by Reuters as saying. Mr Ghannouchi who has accused Tunisia’s President Kaïs Saïed of mounting a coup was given a three-year prison sentence earlier this month after being convicted for accepting external financing.
"It's very much a last resort, not least as we recognise the President Saïed has closed the Ennahda party’s headquarters, jailed many leading political opponents and critical journalists and reduced the independence of the country’s courts.
unemployment challenges in South Africa and the socio-economic He claims the measures were necessary to prevent chaos and root out corruption.
impact that the proposed restructuring may have on our people
and the communities we are part of."
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