South Africa: Mining Indaba - Zwane Puts Brave Face On Ongoing Conflict

(file photo).

Tensions in the South African mining industry? What tensions? This was the outlook presented by Mineral Resources Minister Mosebenzi Zwane on Monday at the beginning of the 2018 Mining Indaba. In his keynote address Zwane made no mention of the controversial Mining Charter, currently the subject of a legal challenge by the Chamber of Mines, and in a Q&A session later on Monday he sought to downplay any conflict between industry and government. This transpired in the context of industry leaders saying their relations with Zwane's department had reached an all-time low.

If Mineral Resources Minister Mosebenzi Zwane is getting a lot of sleep at the moment, he must be a man of unusually thick skin.

His personal political circumstances are fraught. The Hawks allegedly have Zwane in their sights for money laundering in collaboration with the Guptas, and if the police don't get to him first, Cyril Ramaphosa's axe will surely fall on Zwane come his first Cabinet reshuffle.

Zwane suffered the indignity at Davos recently of witnessing Ramaphosa tell the world that the Mining Charter personally championed by Zwane should be reconsidered if it was "holding [South Africa] back" from cashing in on a commodities...

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