Mining is a risky business that needs long-term investment.— Henk Langenhoven, Chamber of Mines South Africa
S&P’s downgrade of South Africa’s sovereign credit rating and President Jacob Zuma’s midnight Cabinet reshuffle is bad for the mining sector, employer of 493 000 people.
Langenhoven discussed five reasons why he is worried.
For more detail; listen to the interview in the audio below.
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