Chamber of Mine wants to meet Cyril Ramaphosa to discuss crippling charter impasse
Damaging charter must be withdrawn, says chamber president
The mining industry has asked ANC president Cyril Ramaphosa for a meeting to talk about the impasse over the third version of the Mining Charter and its crippling effect on the industry. Chamber of Mines president Mxolisi Mgojo told the African Mining Indaba in Cape Town that unless the charter was withdrawn, the chamber, whose members extract 90% of SA’s annual mineral wealth, would continue with its court challenge. He said the chamber remained opposed to bilateral talks with Mineral Resources Minister Mosebenzi Zwane. Ramaphosa, who replaced Jacob Zuma as president of the governing party, indicated at the World Economic Forum in Davos two weeks ago a willingness to talk about the charter, which the industry says has slowed investment in the local mining sector. Ramaphosa is deputy head of state, and with mounting growing calls for Zuma, who is mired in allegations of corruption, to step down, Ramaphosa is most likely to become the country’s president.
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