Lower commodity prices costing jobs in South Africa
Strict laws, high taxes: Africa's governments are looking more closely at foreign mining companies. In future, more locals will benefit from the extraction of raw materials. But the strategies are controversial.
The Tanzanian government is coming down hard on the country’s extractive industries. President John Magufuli wants them to pay higher fees and help build a processing industry for Tanzania’s mineral resources.
South African mines are shedding workers in response to falling commodity prices. 3,900 jobs are at stake in the town of Kathu alone. Kathu is home to Kumba Iron Ore, one of the world's biggest open-cast iron mining operations.
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