Revised mining charter ‘will empower the people of SA’, Mosebenzi Zwane says
The revised Mining Charter that Mineral Resources Minister Mosebenzi Zwane said on Tuesday would be a “revolutionary tool” will be gazetted in its final form in a few weeks. The minister would not disclose details of the final charter that has been under discussion with more than 60 non-government stakeholders for more than a year. Since November 2016, the Department of Mineral Resources has repeatedly promised that the gazetting of the final charter was imminent. The absence of a final charter has caused deep uncertainty over the legislative framework governing the industry and acted as a brake on investment. Addressing the media ahead of his budget vote speech in the National Assembly, Zwane said the charter would take into account the views of local and foreign investors. The minister believed there was agreement among the stakeholders on 85% to 90% of the revised charter, with 10% reflecting other views. “It will empower the people of South Africa,” Zwane said, adding that the c...
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