What if Mining could make a substantial and meaningful difference to the post-COVID-19 economy?
Revitalising the South African economy is imperative to building a better future for our country, our people and our industry.
If the issues that are holding us back are addressed, we could embark on a path of inclusive growth and investment, and ultimately, a better future for all #MakingMiningMatter #MakingMiningBetter
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Don’t let perfect get in the way of good
What if government and business worked together to tackle critical issues, together?
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A rising tide lifts all ships
What if mining could make an even more substantial and meaningful difference to South Africa’s post-COVID economy?
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Everything seems impossible until it is done
What if the mining industry was at the forefront of technological and human innovation and modernisation?
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What if the road really was less travelled?
Imagine the benefit of adequate and reliable rail and port infrastructure.
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Today’s seeds are tomorrow’s trees
What if SA mining was attractive to investors, government and industry collaborated better, electricity and transport infrastructure was reliable and affordable, and exploration increased?
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A bend in the road is not the end of the road unless you fail to make the turn
What if SA mining was made attractive to investors again?
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Everything seems impossible until it is done
What if the mining industry was at the forefront of technological and human innovation and modernisation?
The Minerals Council South Africa supports the accelerated economic strategy developed under the auspices of B4SA aimed at achieving much higher levels of inclusive economic growth to recover from the COVID-19 crisis, and the economic crisis that preceded it. The Minerals Council has been actively involved in the development of the strategy and has identified a number of critical areas for the mining sector that need urgently to be addressed if the recovery is to occur and output and jobs saved and expanded in the next four years.
B4SA has identified as priorities the following: the critical need to improve the country’s competitiveness and ease of doing business rankings; urgent steps to improve business and investor confidence; significant structural and institutional reforms; policy consistency; regulatory reform; addressing crime and corruption; infrastructure investment; SOE restructuring, optimisation or exit; energy industrialisation strategy; economic transformation and supporting BEE; addressing skills shortages; and investing for modernisation. Each of these are critical for the recovery, sustainability and growth of the overall economy and the mining industry.
The Minerals Council has been specifically involved in developing industrial strategies, including mining. The following critical issues have been developed for the mining industry:
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Regulatory reform
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Modernisation
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Energy supply
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Infrastructure development
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Intensified community investment
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Exploration strategy
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A government industry task force to expedite high-impact projects
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SA investment promotion
If the right actions are taken in these spheres, it could result in an additional $3.6 billion in mineral sales, $0.3 billion additional tax revenues, 70,000 jobs saved and an additional 26,000 mining jobs and 47,000 indirect jobs by 2024.
Media Briefings
B4SA economic relief measure materials
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Resources
Media Releases
- Minerals Council South Africa notes the President’s Economic Reconstruction and Recovery Plan; calls for much greater focus on structural and institutional reforms required to boost competitiveness, accelerate investment and to raise inclusive growth(16 October 2020)
- Minerals Council welcomes President Ramaphosa’s call to rebuild South African economy(18 September 2020)
- Minerals Council South Africa calls for visible leadership in the eradication of corruption (27 August 2020)
- What if mining could make a substantial and meaningful difference to the post-COVID economy? (6 August 2020)
- Minerals Council endorses B4SA initiative to revive the post-COVID-19 South African economy (10 July 2020)
In the News
- 'Time for difficult decisions': Business Unity SA calls for reduction in public sector wage bill (09 November 2020)
- Minerals Council: Ramaphosa’s economic plan fails to address structural reforms or investment (20 October 2020)
- Council pokes holes in recovery plan (18 October 2020)
- Ramaphosa economic recovery plan light on private sector foreign investment (16 October 2020)
- Minerals Council bemoans lack of competiveness focus in economic recovery plan (16 October 2020)
- Business welcomes recovery plan, but urges swift implementation (16 October 2020)
- MARK CUTIFANI: Mining, women and technology can help SA build back better (07 October 2020)
- Minerals Council ready to “play its part” as Ramaphosa says mining is possible flywheel in recovery (18 September 2020)
- Minerals Council calls on Ramaphosa to enable prosecuting authorities to end corruption scourge (27 August 2020)
- Minerals Council says morality must be put at forefront of recovery, growth (27 August 2020)
- Restoring investor confidence (26 August 2020)
- Gold Fields’ Holland confident SA’s government will grasp the nettle on economic reform (25 August 2020)
- Government is moving too slowly to save the economy, says Nick Holland (24 August 2020)
- ROGER BAXTER: Tough choices required to get SA on road to growth (10 August 2020)
- Minerals Council says new exploration strategy could help mining recover from Covid-19 hit (6 August 2020)
- South Africa’s declining mining sector in five key statistics — but it is still making money (6 August 2020)
- Minerals Council hopeful SA Govt. will deliver visible signs of policy shift within six months (6 August 2020)
B4SA Latest News
- B4SA concerned about jobs, supports easing of lockdown restrictions (13 November 2020)
- Policy uncertainty about lockdown levels is key to stimulating SA’s recovery (10 November 2020)
- B4SA concerned at NCCC decision on UIF TERS extension (01 November 2020)
- B4SA welcomes recovery plan, calls for immediate implementation (16 October 2020)
- B4SA calls for collective action to deliver change (17 September 2020)
- B4SA supports UIF TERS extension (09 September 2020)
- B4SA notes announcement of resumption of UIF TERS benefit payments (28 August 2020)
- B4SA disappointed at latest UIF TERS shutdown (26 August 2020)
- B4SA says moving to level 2 essential for economic recovery and calls for swift reforms (15 August 2020)
- B4SA predicts COVID-19 deaths to peak in late August; calls for behaviour change and economic reform (27 July 2020)
- Business for South Africa welcomes the extension of the TERS benefit to mid-August (10 July 2020)
- A new inclusive economic future for South Africa: delivering an accelerated economic recovery strategy (10 July 2020)