SA’s future ‘just got a lot more positive’, Anglo CEO Mark Cutifani says
SA’s future is looking "a lot more positive" since President Cyril Ramaphosa succeeded scandal-plagued Jacob Zuma in February, Anglo American CEO Mark Cutifani said on Wednesday. Mining companies and SA’s government have been at loggerheads for years over legislation, which the industry warns could deter investment by changing the requirements for black ownership of private firms. New Mineral Resources Minister Gwede Mantashe pledged last week to finalise the latest version of the Mining Charter within three months, and Cutifani said companies had had a positive meeting with Mantashe this week. "It was a great meeting. A meeting that we’ve been looking for, for probably two to three years," Cutifani told a conference in Cape Town. "We’ve continued to invest in SA, we believe in the future of SA and from our point of view it just got a lot more positive." At the same conference, Goldman Sachs’s Africa director Colin Coleman said SA was in a "very good position", although he warned th...
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