The Mining Indaba is over, but what should we take from it? Many of us tend to look at the nuts and bolts and figures, but there are bigger dynamics at play, not just in SA but throughout the world. Alex Grose, the MD of the indaba, was right when he stated during the opening address that "mining is back up". But back up in what sense? The keynote speaker, Zambian economist Dambisa Moyo, gave a clear indication of things to come, mentioning that the outlook for populist movements was good. I can only agree — governments all over the world are capitalising on it. Apart from this, the most important element from the indaba was the emphasis on the principle of shared prosperity and responsible investment. Partnering with black people, communities and workers in general is the backdrop for a more equitable future for all in Africa. A new era looms for business; companies will have to be smarter and not just concentrate on the nuts and bolts. Africa is about relationships — and these wil...
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