From CNBC Africa

Ratings agency, Moody’s says South Africa’s latest mass strike could send panic waves to investors and slow the country’s economic growth.

The ratings agency says it would also continue monitoring the performance of Anglo American Platinum which is one of the main companies the agency rates in the country.

(READ MORE: Mining strikes taint S.Africa’s investor confidence)

“The two main risks in the mining sector are, the level of inflation which is increasing and productivity losses linked to industrial action,” Gianmarco Migliavacca, mining analyst at Moody’s told CNBC Africa.

Written by Trust Matsilele /Read more at CNBC Africa