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Investec says Sona focused on reviving growth with enhanced policy certainty

8th February 2019 Investec economist Kamilla Kaplan said on Friday that President Cyril Ramaphosa's State of the Nation address (Sona) reaffirmed the key economic policy objective of reviving fixed investment rates in a bid to place the economy on a sustainable faster economic growth path. Ramaphosa's Thursday... 

Ramaphosa floundering on job creation, says IRR

8th February 2019 The south African Institute of Race relations (IRR) said on Thursday that it found President Cyril Ramaphosa’s State of the Nation Address was floundering especially on the creation of jobs.  Dr Frans Cronje, IRR chief executive, said their research demonstrated a close relationship between... 

Minerals council applauds Ramaphosa's focus on improving ease of doing business

8th February 2019 The Minerals Council South Africa on Friday applauded President Cyril Ramaphosa’s emphasis on improving the ease of doing business in the country during his annual address in Parliament on the state of the nation. The council also welcomed Ramaphosa's commitment to fighting corruption and state... 

SA business confidence flat amid little real economic progress – Sacci

6th February 2019 Confidence among South African businesses remained virtually unchanged in January compared to December as the optimism that greeted President Cyril Ramaphosa's inauguration a year ago continues to wane, a survey showed on Wednesday. The South African Chamber of Commerce and Industry's (Sacci's)... 

SA mining is a sunrise industry – Ramaphosa

5th February 2019 President Cyril Ramaphosa said on Tuesday that the mining industry in South Africa is not a sunset industry, rather it is a sunrise industry.  Speaking on the second day on the 25th annual Investing in African Mining Indaba in Cape Town, Ramaphosa said government recognised the important role... 

Industry ready to improve CSI programmes in mining communities

5th February 2019 The Minerals Council South Africa said on Tuesday it was working to improve relationships between mines and communities, and to improve the developmental outcomes of companies' corporate social investment programmes. Minerals Council senior executive for public affairs and transformation, Tebello... 

Corruption over the past years crippled mining sector – Minerals Council

5th February 2019 The damage that was done to South Africa's economy over the past nine years before Cyril Ramaphosa became President has had huge impact on the investability of the mining sector, Minerals Council of South Africa CEO Roger Baxter said on Tuesday. "A year ago we arrived in Cape Town for the 2018... 

Lily mine could start recruiting new employees in March

5th February 2019 Siyakhula Sonke Empowerment Corporation (SSC), the new owners of the ill-fated Lily Mine in Mpumalanga, said on Tuesday that it would soon resume operations after the process of recruiting new employees started early this year. Tuesday marked the third anniversary of an accident at Lily Mine in... 

Contract to expand William Nicol Drive cancelled – Vadi

4th February 2019 The contract for the company that was supposed to do some work on William Nicol drive has been cancelled, the Gauteng MEC for Roads and Transport Ismail Vadi announced on Monday. Lubbe Construction had been contracted by the provincial department to construct the stalled K46 (William Nicol Drive)... 

Mantashe to open the African Mining Indaba

1st February 2019 Mineral Resources Minister Gwede Mantashe is expected to officially open the annual Investing in African Mining Indaba in Cape Town on Monday. In a statement, the department of mineral resources said the minister will be joined by his cabinet colleagues as they engage delegates at the Indaba. The... 

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