RON DERBY: Nation's eyes should have been on Mining Indaba
The main aim of the indaba should have been to send a message to investors to dust off expansion plans. But someone failed to tell this to Mosebenzi Zwane, writes Ron Derby
Being a bit of a veteran of Cape Town's annual Mining Indaba, I would argue the event has more relevance to the country's prospects for the year than the state of the nation address with all its pomp and ceremony. Admittedly, the address has become a lot more colourful in recent years, courtesy of a vocal opposition that has everyone in parliament, including the speaker, paging through procedure rule books. The state of the nation address is where our political theatre is acted out, in recent years at least. And worrying as it may be, our country is just one more on a growing list of problems in the world basket. Every corner of the globe, in one way or another, is facing tough questions. That's not to minimise our political mess in any way, but it helps to ease the blood pressure to know that the UK is in a rather slow car crash and the US is in a faster one. The Mining Indaba is the stage where sentiment is shaped on the country's biggest export earner, the resources industry. Whi...
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