industrialisation

​Beneficiation Key to Africa’s Development

The African Union Commission (AUC) says the natural resources must contribute to shared prosperity of Africans.

The commission chairperson, Dr Nkosazana Dlamini-Zuma, says that industrialisation, value addition and the beneficiation of raw minerals are important in resolving the paradox of a rich Africa and poor Africans.

Dlamini-Zuma points out that, “If you look at all these big economies and medium-sized countries that have developed, they have developed because of mineral resources.”

Latest Unemployment Figures Shock COSATU

The Statistics South Africa Quarterly Labour Force Survey has revealed that the number of unemployed persons increased by 100 000 people to 4.6 million between the fourth quarter of 2012 and the first quarter of 2013. This took the country's official unemployment rate to 25.2 percent from 24.9 percent in the fourth quarter of 2012.
 

Call for SA to be Industrialised

The Congress of South African Trade Unions (COSATU) is calling for industrialisation to tackle inequality, unemployment and poverty in South Africa.

COSATU general-secretary, Zwelinzima Vavi, argues that, “We have to stop the processes of de-industrialisation. We've got to ensure that the trade relations that are mutually beneficial can ensure industrialisation in South Africa."

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