Gold Drops to $1,200/oz for First Time Since June in New York
Davies Says Rand Is Main Concern for Manufacturers, Report Says
Manufacturers are also concerned about the level of government and utility-set prices and the number of strikes, the Johannesburg-based newspaper said, citing the minister.
The application to review South Africa’s approval of Wal- Mart Stores Inc.’s purchase of a controlling stake in Massmart Holdings Ltd. (MSM) is to protect the manufacturing industry, even at the expense of the consumer, the newspaper said, citing Davies.
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