Strikes will hit SA GDP: Nene

[miningmx.com] – THE spate of strike action in South Africa’s economy, especially the mining sector, would hurt the country’s economic growth, said deputy finance minister Nhlanhla Nene. This was despite an expected rise in mining revenues.

Speaking to Reuters on the sidelines of the UBS investment conference in New York, Nene said South Africa’s growth in gross domestic product would “… take a hit”.

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