Find government COVID 19 information at https://sacoronavirus.co.za
Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa
Economy

Mantashe lambasted for silence over Mining Charter

11 May 2022 - by Liesl Venter
South African Minister of Mineral Resources and Energy, Gwede Mantashe. Source: Polity.org
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

As the South African Minister of Mineral Resources and Energy Gwede Mantashe heralded mining as an opportunity to achieve wider economic development across Africa, not all were enamoured of his speech at this year’s ‘Investing in African Mining Indaba’ currently under way in Cape Town.

Peter Leon, a partner and Africa chair of international law firm Herbert Smith Freehills, said Mantashe had not used the platform to address some of the burning issues in the country’s mining sector.

Mantashe, he said, had been silent on South Africa’s progress in fixing its dysfunctional licensing system and what it was doing to resolve the long-standing issues around the Mining Charter which remain mired in litigation and controversy.

On the other hand, he heralded President Hakainde Hichilema of Zambia as a blast of fresh air saying he had delivered the speech that Mantashe should have given.

“Like Mantashe, President Hichilema told delegates that Zambia was open for business. However, unlike Mantashe, the president elevated the private sector as a key partner for the successful development of Zambia’s mining sector. He reiterated his government’s commitment to a transparent, predictable and fair investment climate with absolutely no tolerance for corruption. To this end, Zambia is currently fixing its mineral licensing system and has placed a temporary moratorium on the issuing of licences to expedite this process. He made it clear that the time for the talk by African leaders about the continent’s potential was over, and that the time for delivery was now,” said Leon.

Mantashe spent most of his time on the mining indaba stage highlighting the importance and opportunity of mining in Africa.

“Nobody is disputing that South Africa’s mining sector is endowed with enormous potential and opportunity,” said Leon. “The problem is that we are not working to extract this. To do so, we need investment, to unlock exploration spending, install an efficient, transparent and functional cadastral system, ensure policy certainty and predictability, and a government that provides the private sector with the necessary space and regulatory environment.

Bunker prices at noon, August 15

Sea Freight

Follow Freight News for your daily shipping fuel updates.

15 Aug 2022
0 Comments

Citrus exports up 7% despite EU challenges

Imports and Exports

Transnet has provided an update on the citrus season’s exports and on its free import storage procedures.

 

15 Aug 2022
0 Comments

MSC partnership in clinical purchase

Sea Freight

Mediclinic acquired for 3.7 billion pounds.

15 Aug 2022
0 Comments

Cuban oil terminal fire is out, six dead

International

The loss of fuel storage capacity will intensify the country’s rolling blackouts which are already a problem due to its ageing power plants.

15 Aug 2022
0 Comments

In case you missed it

Logistics

 A look back at last week’s top stories.

15 Aug 2022
0 Comments

SA meets with EU to clear blocked citrus exports

Imports and Exports

More than 2 000 citrus containers have been detained at ports across the EU for not complying with “unreasonable” new rules.

12 Aug 2022
0 Comments

Global prosperity – a blessing stalked by a curse

International

The world cannot sustain humankind’s growing hunger for resources.

12 Aug 2022
0 Comments

Swazi-Moz rail venture could triple volumes by next year

Road/Rail Freight

Deal smooths the way for cargo trains through Goba border to Port of Maputo.

12 Aug 2022
0 Comments

Mining institute highlights ESGS

Social Development

Responsible mining should become part of industry’s DNA – former president of SAIMM.

12 Aug 2022
0 Comments

Durban builds massive new logistics hub

Social Development
12 Aug 2022
0 Comments

Ireland makes big cash commitment to developing countries

International

It is donating EUR 400 000 to strengthen developing countries’ participation in global trade.

12 Aug 2022
0 Comments

African avocados break into Chinese market

Imports and Exports

Kenya has become the continent’s sole exporter of avocados to China.

11 Aug 2022
0 Comments
  • More

FeatureClick to view

Zambia August 2022

Border Beat

24-hour operation considered for Beira Corridor border
03 Aug 2022
SA’s new border guards will tackle illicit trade and movement
14 Jul 2022
Zambia and DRC sign joint communiqué about borders
13 Jun 2022
More

Featured Jobs

New

Finance Manager

Lee Botti & Associates
Durban
17 Aug
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us