Zuma Says South African Mine Strikes Have Significant Impact
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South African President Jacob Zuma said mining strikes are having a “significant” impact on an economy already struggling to cope with Europe’s debt crisis.
The National Treasury estimates that 4.5 billion rand ($518 million) of platinum and gold mining production was lost as at the middle of September, and 118 million rand of coal, Zuma said in a speech to black businessmen in Johannesburg today.