South Africa: Employment and Labour Committee Supports Interventions to Avert Job Losses at ArcelorMittal South Africa (AMSA)
Regarding the report of the performance of the Department of Employment and Labour’s entities – the Unemployment Insurance Fund (UIF) and the Compensation Fund (CF) – in the third quarter, the committee noted areas of overachievement in the quarter from both entities
The Portfolio Committee on Employment and Labour supports government’s intervention and engagement with ArcelorMittal South Africa (AMSA) regarding potential job losses due to the company’s decision to wind down its long steel business, exploring avenues to avert job losses and support affected workers. AMSA raised concerns about possible job losses…