CLEAN : S. African platinum strikes cost nearly 20

CLEAN : S. African platinum strikes cost nearly 20

Assessment

Interactive Video

Other

10th Grade - University

Hard

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The video discusses the investment potential in South Africa's mining sector, focusing on the current strikes in the platinum industry. It highlights the economic impact of these strikes, costing the industry millions daily. The strikes are legal, unlike the illegal strikes of 2012, which reassures investors. However, the ongoing labor unrest creates uncertainty. The platinum sector faces challenges, with nearly half of it being loss-making at current prices, but it holds a promising future. Efforts are underway to resolve the strikes through government-facilitated mediation.

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2 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures are being taken to resolve the current strikes in the platinum sector?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

In what ways does labor unrest create uncertainty for investors in South Africa?

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