BUSINESS DAY TV: A step in the right direction for SA’s mining industry
Proposed mining legislation could mean South Africa is moving at last in the right direction at last, says Lizel Oberholzer, director at Norton Rose Fulbright
Lizel Oberholzer, director at Norton Rose Fulbright, speaks to us about proposed Mineral and Petroleum Resources Development Act amendments that will introduce certainty to the sector but may scare off investment
Lizel Oberholzer is director at Norton Rose Fulbright. BUSINESS DAY TV: Policy paralysis has been blamed for low levels of private-sector investment in the country due to uncertainties surrounding new and changing regulations and one sector feeling it more than others is the mining sector — and also the oil sector, but that might be about to change with proposed amendments to the Mineral and Petroleum Resources Development Act being made available at the National Council of Provinces this week. Joining us on News Leader with more details is Lizel Oberholzer, a director at Norton Rose Fulbright. Lizel, so does this mean finally moving ahead after six years because amendments have been under discussion since 2010?