On the eve of the Mining Indaba, it’ll be deeply embarrassing for mining minister Mosebenzi Zwane that his department is now being dragged to court by Neal Froneman’s Sibanye for R26.8m in damages. The indaba is scheduled to be held in Cape Town in two weeks, when the message will be that foreign investors can still make rich rewards in return for ploughing money into SA’s mining sector. But Froneman’s lawsuit sends an alternative message: that arbitrary and heavy-handed actions by bureaucrats can do immeasurable damage. In other words, there is big risk too.
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