9 February 2018

South Africa: The SA Mining Industry Can Do Much More Than Merely Survive


On the strength of his pro-investment approach, Cyril Ramaphosa's elevation is being viewed with hope - and it comes at a propitious time.

Of all the country's politicians, one stands out as having probably the most intimate knowledge of mining, a vital sector of the South African economy, but one that continues to endure damaging political hostility.

Cyril Ramaphosa is that man, and many - in mining and beyond - are pinning their hopes on him.

As Institute of Race Relations policy fellow John Kane-Berman writes in the IRR's latest @Liberty report, Mining and People: The Impact of Mining on the South African Economy and Living Standards, Ramaphosa not only "cut his teeth as a trade unionist" in the industry but is today a critical figure for a sector desperately in need of an ally.

Cautiously optimistic sentiments emerging from the 24th annual Mining Indaba in Cape Town this week reflect the hope that, at last, this foundational industry of South Africa's international economic standing will find a partner, not an opponent, in government.

Mining, Kane-Berman says, is "well positioned for a new lease of life" - but "without an absolutely fundamental improvement in the policy environment...

South Africa

Fuel Price Meeting Blames Petrol Cost Hikes on Exchange Rates, Venezuela Instability

Energy Minister Jeff Radebe has presented several reasons why South Africans have to pay more at the pumps during an… Read more »

See What Everyone is Watching

Copyright © 2018 Daily Maverick. All rights reserved. Distributed by AllAfrica Global Media (allAfrica.com). To contact the copyright holder directly for corrections — or for permission to republish or make other authorized use of this material, click here.

AllAfrica publishes around 700 reports a day from more than 140 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.