Platinum Union Plans Strike Update as Gordhan Downplays Cost
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The union leading a 14-week-old strike at the world’s biggest platinum producers said it intends to outline its strategy, as South Africa’s finance minister played down the walkout’s effect on the economy.
The Association of Mineworkers and Construction Union, whose talks with companies broke down last week, plans a press conference May 2, President Joseph Mathunjwa said in a phone interview. Pravin Gordhan, the minister, said the strike “will not be a massive impact.”