S.Africa can ill-afford more platinum strikes -Finmin Gordhan

Mon, 20 Jan - 3:27pm

JOHANNESBURG, Jan 20 (Reuters) - South Africa cannot afford another round of labour unrest in the platinum industry, Finance Minister Pravin Gordhan said on Monday, a day after the sector's main trade union said it will launch a strike this week.

"The platinum industry needs to seriously get around the table," Gordhan told national broadcaster SAFM in an interview.

"We can least afford another round of strikes that will act as a destablisation to the platinum sector which has had increasing difficulties over the last 18 months."

The main trade union for South African platinum miners will strike this week at the world's top three producers for higher wages, hitting over half of global output.

(Reporting by David Dolan; Editing by Muralikumar Anantharaman)

((david.dolan@thomsonreuters.com)(+27 11 775 3150)(Reuters Messaging: david.dolan@thomsonreuters.com@reuters.net))

Keywords: SAFRICA STRIKES/GORDHAN

URN: 
urn:newsml:reuters.com:20140120:nL5N0KU084:4
Topics: 
PLAT ZA MET CMPNY JOB COM PREC MINE METL EMRG LEN RTRS PREMTL DISP BACT MIN AFR GDM BMAT AFE GOL PGM MTAL

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