Rousseff woos business elite

Mathunjwa fingered the shop stewards for corruption during the union’s rally in Rustenburg on Sunday.

Wasp spokesman Memetlwe Sebei said the strike lacked a strategy: “The mining industry is prepared to settle the score. They want to put workers in their place. Unless we are prepared, this may be a disaster for workers.”

The chamber said the strike in the gold sector would be illegal because in terms of the twoyear wage agreement signed in September last year between three of the four unions, a strike over conditions of employment during the course of the deal would be a contravention of the “peace clause”.

The chamber said it planned to approach the court for an interdict to prevent the strike. It would also ask the court to rule that Amcu would be responsible for any damage to property.

Amcu has been out of step with efforts to bring stability and peace to the sector.

Last year the union was the only party that failed to sign a pact orchestrated by Deputy President Kgalema Motlanthe. BRAZIL’S leftist president Dilma Rousseff will try to convince the world’s business elite this week that her country is still a good investment despite three years of mediocre growth. The one-time Marxist guerrilla will reach out to the rich and powerful for the first time, at the annual World Economic Forum meeting in the Swiss ski resort of Davos, to reassure them she is business-friendly and not fiscally profligate. That is a turnaround for a leader with a reputation for heavy-handed policies that have squeezed profits of some companies and hurt share prices. Dispelling scepticism will be an uphill task as she plans to seek re-election in October. “No one expects her government to make an effort to balance its fiscal policy in an election year,” said Ricardo Ribeiro, a political analyst at consultancy MCM. – Reuters