Anglo American Platinum (Amplats) has finalized its retrenchment process, with roughly 3,700 jobs affected across its operations in South Africa. The retrenchments are reportedly a result of the company's efforts to mitigate the financial impact of declining platinum group metal prices, which have significantly squeezed profit margins. The job cuts account for about 17% of Amplats' workforce, with the most significant impact at Amandelbult in Limpopo. For more on this Elvis Presslin spoke to NUM's Regional Coordinator at Anglo American Platinum in Polokwane, Limpopo, Khathu Ramufhufhi

<p>Anglo American Platinum (Amplats) has finalized its retrenchment process, with roughly 3,700 jobs affected across its operations in South Africa. The retrenchments are reportedly a result of the company's efforts to mitigate the financial impact of declining platinum group metal prices, which have significantly squeezed profit margins. The job cuts account for about 17% of Amplats' workforce, with the most significant impact at Amandelbult in Limpopo. For more on this Elvis Presslin spoke to NUM's Regional Coordinator at Anglo American Platinum in Polokwane, Limpopo, Khathu Ramufhufhi</p>

News and Current Affairs show between 5 & 6 am on SAfm 104 to 107 anchored by Tsepiso Makwetla

First Take SA

A weekly news and current affairs show presented by Elvis Presslin on SAfm 104 to 107 from 5:00 to 6:00 am.

<p>A weekly news and current affairs show presented by Elvis Presslin on SAfm 104 to 107 from 5:00 to 6:00 am.</p>

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