South Africa’s government should reopen negotiations with the mining industry on much-criticized new rules rather than rely on the courts to resolve disputes, said African National Congress Treasurer-General Zweli Mkhize
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If economic transformation is to be realised, SA needs to keep the rating agencies on its side. It is also crucial to strengthen local development finance institutions and to revamp our failing education and training system, says Nicholas Biekpe. Read More
The South African mining industry staged a modest recovery during 2017 with the 25 companies covered in the annual survey carried out by accounting firm PwC reporting an overall net profit of R17bn compared with an overall loss of R46bn for 2016. Read More
I strongly believe mining in South Africa still has a great future. We still employ 460 000 people and touch lots of families who depend on these 460 000 employees. Read More
The Chamber of Mines has become the second business formation to voice its support for Trade Union Federation Cosatu’s protests against state capture and corruption. Read More
The Chamber of Mines of South Africa (CoM) said on Wednesday that it would join Business Unity South Africa and Business Leadership South Africa in support of the Congress of South African Trade Unions (Cosatu) stance against State capture and corruption. Read More
The Association for Savings and Investment South Africa (ASISA) calls on Mineral Resources Minister, Mosebenzi Zwane, to withdraw the contentious 2017 Mining Charter and to appoint a proper representative body to renegotiate the mining sector empowerment Charter. Read More
Minister of economic development Ebrahim Patel has moved to calm rattled bankers who fear that the Financial Sector Charter (FSC) could go the way of the Mining Charter and further oblige banks and financial services institutions to radically accelerate the pace of transformation in the R4.8tr industry. Read More
There are claims that South African companies are hoarding cash as a protest against the ANC government’s policies or lack of policy. Read More
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