Mining Indaba: Investors jittery
An accounting firm says mistrust between mine bosses, govt and unions is hampering industry growth.
CAPE TOWN - An accounting and business consulting firm says mistrust between government, unions and mine bosses is hampering growth in the domestic mining industry.
The sector's many problems will feature prominently at the annual Mining Indaba, which kicks off today at the Cape Town International Convention Centre.
BDO South Africa's Head of Mining Bert Lopes says co-operation and leadership is needed to deal with the industry's problems.
"I'm talking about a collective of government, labour the mining houses and CEOs that have got to get together. Without that there's mistrust and not enough dialogue."