Gerhard Papenfus on HotFM: Steel Sector decline: Government's interference to blame!

Gerhard Papenfus, CE of NEASA, discusses with Jeremy Maggs on HotFm102.7 about the alarming decline of South Africa’s Steel Sector.

Over the past five years, the sector has lost 110,000 jobs and 1,300 employers, a staggering 23% drop. He attributes this crisis to Government interference, protectionist duties, and a flawed collective bargaining system, which have made steel uncompetitive and put businesses at risk.