SA must resolve labour unrest or face job losses – Gordhan

2013-05-21 16:26

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South Africa is at a crossroads over renewed labour unrest in the mining sector, Finance Minister Pravin Gordhan has warned.

Introducing debate on his budget vote in the National Assembly today, Gordhan said labour, government, and business had to take concerted action or the country would lose jobs and investor confidence, and companies would close.

“The present uncertainty in the labour relations environment in mining and other sectors requires concerted action by organised labour, business, civic leaders, and government. There is no role for complacency here,” he said.

“We are all in this together. If we do not resolve our labour relations challenges, we will be losers. We will see deteriorating confidence, job losses, and business failures.”

On the other hand, Gordhan said, finding sensible solutions to the labour strife would benefit all.

“But if we find a balanced, fair, socially responsible solution, we all stand to gain and we will see higher investment, higher employment, and improvements in living conditions.

“This is the choice that lies before us.”

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