Zuma Rejects Criticism

Bloomberg reported South Africa’s President Jacob Zuma rejected criticism that his handling of the most lethal police action since the end of apartheid will hurt investor confidence in Lonmin (LSE:LMI).

As quoted in the market news:

In his first television interview on the shooting and killing of 34 mineworkers during an illegal strike at Lonmin Plc’s Marikana mine on Aug. 16, Zuma told Bloomberg TV that he has taken decisive steps to show that his government is in control. Those include creating a judicial inquiry and a committee of cabinet ministers to investigate the incident, he said. Zuma said he won’t fire his police commissioner.

Click here to read the full Bloomberg report.

Get the Latest Platinum Investing Stock Information

Get the latest information about companies associated with Platinum Investing delivered directly to your inbox.

By selecting company or companies above, you are giving consent to receive email from those companies. And remember you can unsubscribe at any time.

Platinum Report Cover small 

Get Our Expert Guide to Platinum Investing FREE!

  Download this FREE Special Report, Why Invest in Platinum Stocks? What the Future Could Hold for Lonmin, the AMCU and South African Platinum Production.

Leave a Reply