Marikana and wider economy still hurting from platinum strike
By Zandi Shabalala
By just after noon she had sold about 20 rand ($1.8245) worth of goods, well down from what she said was her usual 1,000 rand take before a five-month strike against the world's top platinum producers drained this gritty town of cash.
Although miners here have been back at work since June with higher wages and the strike-hit operations of Anglo American Platinum and Lonmin are back at full production, money is not gushing back into local businesses.
In Marikana, where 34 striking miners were shot dead by police during a wildcat strike against Lonmin in 2012, the length of this year's stoppage has left many miners cash-strapped despite wage hikes of up to 20 percent as they have to repay debt that piled up when they didn't have a pay cheque.
He said he was now forced to pay more interest on his loans because he missed payments during the strike and the increase in his monthly wage has had little impact on his life.
RIPPLES BEYOND THE PLATINUM BELT
"It's going to take a lot for them to put more faith in the South African economy and the mining industry."
The company says such plans were in the making before the strike but the waves of labour unrest have clearly focused the mines of Anglo investors and accelerated the process.
Impala Platinum, also hit by the strike, will give a production update next week but the combined industry losses are estimated to be at least 1.2 million ounces.
Prices for the precious metal used for emissions-capping catalytic converters in automobiles remain depressed and not far off five-year lows, adding to the woes of the industry and the wider South African economy.
Back in Marikana, Ngobeni said her apples and other fruit fly off the table just once a month, when miners get paid. Otherwise, she has virtually no business.
"People just walk past, they don't buy," she said.