South Africa Is On The Brink Of Total Chaos As Strikes Are Leading To Fuel And Cash Shortages
Oct. 3, 2012
The labor strikes that have engulfed the mining industry in South Africa in recent weeks have now spread to one of the country’s most vital industries – trucking.
Without the trucking industry facilitating the flow of goods between purchasers and suppliers, things can get ugly pretty quickly, as they did in the U.K. in 2001 when truckers went on a similar strike and brought the British economy to the brink.
Truckers are already entering their second week of strikes in South Africa, and the economy is beginning to show cracks in the facade.
Now, ATMs are running out of cash.