MXOLISI MGOJO: Mining sector steadily making progress in addressing president’s challenges
The sector acknowledges that while there have been some notable achievements and successes, more needs to be done
Three and a half months ago, President Cyril Ramaphosa challenged the mining industry to take steps to implement “10 value-adding principles”. We are responding to this challenge. We are at the right moment in time to drive a positive reform process that will significantly boost the mining sector’s investment prospects. This can be achieved through a leadership focused on improving competitiveness, productivity growth, ensuring predictable and competitive policies and regulations, modernising the sector, and most of all working collaboratively to grow and transform the sector. The first challenge was for mining companies to foster inclusive growth in the areas in which they operate. The industry has invested hugely in corporate social investment projects over many decades, long before the inception of the mining charter. We know that we need more stakeholder collaboration to improve the efficiency and effectiveness of these interventions. These shortcomings are not unique to this co...
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