LETTER: Policy swims against the tide of reform
Society will win by capitalist transformation, not obsolete dogmas
16 March 2020 - 13:50
Having watched the complete restructuring of the mining and oil and gas sectors in SA, I thought last year’s Mining Indaba statement by mineral resources & energy minister Gwede Mantashe that “once empowered, always empowered” was a big step forward to attract investors to the sector.
However, the president’s reintroduction of “expropriation without compensation” killed any sign of renewed interest at this year’s indaba. Historically, we used our coal resources to power the nation with a strategic advantage: low-cost, reliable electricity. ..
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