Mineral resources and energy minister Gwede Mantashe says a proposed sovereign wealth fund can be funded using royalties the state receives from mining companies.

“The president spoke [of] the sovereign wealth fund and specialised units to fight crime. Many people asked the question, ‘Where will money come from?’ ... All the mines pay a royalty to the state and this can be used to start the [sovereign wealth fund],” Mantashe said during the debate on the state of the nation address (Sona) on Wednesday...

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