BUSINESS DAY TV: The Department of Mineral Resources needs an urgent change in leadership and the third empowerment charter for the industry, due to be gazetted next week, should be started afresh. That’s the message from Mathews Phosa, who is an ANC veteran and former treasurer-general of the party, [and] also a businessman. He was at the Junior Indaba this morning, giving the opening address for mining companies. He joins us in studio this evening. Mathews, so you’ve made a statement that you would stop the current charter re-draft in its tracks in favour of launching a more consultative process. Talk us through why, because we’ve had the mines minister certainly insisting that the process has been very consultative. He insists that his department holds an open-door policy. MATHEWS PHOSA: I like the last part of it, that his department holds an open-door policy, because that’s exactly what I’m referring to. There is a lot of uncertainty in the mining sector, especially with the ju...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now