Coface

Recent strikes and labour unrest chopped 6% off SA mining production

The recent spate of strikes and general labour unrest in platinum and other sectors of South Africa’s mining industry cost the country an overall 6 per cent in lost production Sajil Singh, Lead Analyst at Coface, tells Alec Hogg in this interview. In the platinum sector, the Rand value impact on Amplats and Lonmin alone was … Read more

Both Stats SA reports wrong – SA’s “true” unemployment rate is around 16% – analyst

In this interview,Coface lead analyst Saijil Singh argues that South Africa’s two unemployment statistical publications, one of which measures employment by surveying companies, the other by surveying households, are both wrong. According to Singh, these surveys overlook a lot of the informal and marginal jobs that people hold, or their micro businesses, and so overestimate … Read more

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