Gordhan Needed Bolder South Africa Budget, Sibanye CEO Says

  • Largest gold producer in country seeks Eskom privatization
  • Poor labor relations, legal uncertainty undermines mining

South African Finance Minister Pravin Gordhan wasted an opportunity to improve the health of the economy by not announcing significant sales of state assets and steeper tax increases when he delivered the annual budget on Wednesday, the leader of the biggest producer of gold from mines in the country said.

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