Gwede Mantashe dashes industry hopes of Mining Charter review
Mineral Resources Minister Gwede Mantashe proposes limited changes to the contentious document
SA’s mining industry’s hope of revisiting the transformation and growth of the resources sector were dashed at weekend talks with new Mineral Resources Minister Gwede Mantashe. The industry had hoped for a fresh and innovative plan to address transformation and growth in the sector after acceding to a request from Cyril Ramaphosa in one of his first acts as president to postpone its court case in February to review and set aside the shambolic and damaging third iteration of the charter, which was drawn up under the tenure of former mines minister Mosebenzi Zwane. Chamber of Mines CEO Roger Baxter and its president Mxolisi Mgojo both spoke of the optimism that Ramaphosa's intervention had sparked and how they wanted to use the opportunity to develop a new document to change the industry, moving away from the charters that have been in place since 2004. They have both said using the third version of the charter, which has numerous flaws and targets which would damage the sector, was n...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.