Gordhan Says Compromise Needed to End South Africa Mine Feud
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South African Finance Minister Pravin Gordhan said companies, the government and labor unions need to end disputes that are halting mines and have pushed the rand to a four-year low against the dollar.
“This is going to require quite spectacular leadership from all sides, not just from the labor unions,” Gordhan said on Johannesburg-based state-owned SAFM radio today, after the world’s biggest platinum producer agreed to job talks and rubber bullets were fired at striking chrome miners. “It requires a shift, it requires bold leadership, it requires a give and take by everyone concerned, not in the interests of industry only but also in the interests of the country.”