A total of 170 jobs are on the line at Continental Tyre SA, which is shutting down its underground mining tyres and agricultural tyres production unit in Port Elizabeth and moving production out of SA. This comes on top of a rash of liquidations – and accompanying job losses – in the Bay since 2017,..
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Declining economy of SA is forcing Continental Tyre SA to commence with retrenchment process , closing down a PE unit, production relocated outside of South Africa
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