Mining a 'sunrise industry' with many opportunities - Zwane
22 June 2017
Cape Town – South Africa’s mining sector is a sunrise industry presenting many opportunities, said Mineral Resources Minister Mosebenzi Zwane on Wednesday.
He was presenting the Department of Mineral Resources’ (DMR's)budget vote to members of the National Council of Provinces, and said his department will continue to use policies and legislation to meet the country’s radical economic transformation objectives.
The South African economy, Zwane said, is “lopsided” with 90% of South Africans excluded. “The need for radical economic transformation is more imperative than ever before to address the monopolised nature of the economy.”
The new Mining Charter gazetted on June 15 is a catalyst for a more inclusive economy, Zwane said. “I therefore encourage youngsters to exploit the opportunities presented by this instrument of change.”