JOHANNESBURG Nov 1 (Reuters) – South Africa’s platinum
industry is in “severe financial distress” and elevated wage
settlements to get wild-cat strikers back to work will lead to
job cuts, Anglo American Platinum chief executive Chris Griffith
said on Thursday.
Griffith also told Talk Radio 702 the world’s largest
platinum producer could not “negotiate in a climate of anarchy”
with its striking employees.
(Reporting by Olivia Kumwenda; Editing by Ed Cropley)
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