Gordhan: Address labour problems

Cape Town - 101027 - Pravin Gordhan, minister of finance, delivered the Mid Term Budget report today at Parliament in Cape Town - Photo: Matthew Jordaan

Cape Town - 101027 - Pravin Gordhan, minister of finance, delivered the Mid Term Budget report today at Parliament in Cape Town - Photo: Matthew Jordaan

Published May 21, 2013

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Cape Town - South Africa's chronic unemployment problem is likely to get worse and investor confidence will deteriorate if the country does not sort out the current labour unrest, Finance Minister Pravin Gordhan said on Tuesday.

“If we do not resolve our labour relations challenges, we will be losers. We will see deteriorating confidence, job losses and business failures,” Gordhan told parliament. - Reuters

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