BUSINESS DAY TV: The Chamber of Mines discusses being blind-sided by the Mining Charter
The charter is unworkable, a disaster for the industry, and contains provisions that were never discussed with the chamber, executive Tebello Chabana says
Tebello Chabana is senior executive of public affairs and transformation at the Chamber of Mines. BUSINESS DAY TV: The Chamber of Mines has said it will go to court to interdict the implementation of the Mining Charter. It says the charter sets unachievable targets such as black ownership levels needing to be increased to 30% within a year. Joining us to unpack the Mining Charter in more detail is Tebello Chabana, senior executive of public affairs and transformation at the Chamber of Mines. Tebello … so radical economic transformation … may have been taken out of Treasury’s lexicon, but looking at the charter it’s clearly apparent. How much worse a situation are we looking at here with the revised charter? TEBELLO CHABANA: What we have is a bit unfortunate. We’ve got a Mining Charter which is a DMR [Department of Mineral Resources] Mining Charter … they came up with a draft unilaterally and yes, they’ve had consultation, but now they’ve gone and unilaterally implemented their chart...
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