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Chamber of Mines meets ANC over Mining Charter

21st June 2017 The Chamber of Mines said on Tuesday, that a group of its office bearers met a delegation from the African National Congress (ANC) led by secretary general Gwede Mantashe, at the Chamber’s request, to discuss the impasse of the Reviewed Mining Charter. Last week, the Chamber vehemently rejected... 

Brown accused of exaggerating renewable energy prices

20th June 2017 Public Enterprises Minister Lynne Brown and the Department of Energy were accused on Tuesday of exaggerating the price of renewable energy to win public support for Eskom’s contested nuclear expansion programme. Brown told Parliament’s portfolio committee on energy the actual current cost of... 

Institute of Directors guns for SAA chair, Dudu Myeni

20th June 2017 The Institute of Directors in Southern Africa (IoDSA) said on Tuesday that the South African Airways (SAA) board and chairperson must fulfil their duties at this critical juncture. This comes after the Mail & Guardian last week reported that SAA chair, Dudu Myeni, had recently missed several... 

City of Cape Town releases request for information to industry on possible temporary water solutions

19th June 2017 Despite recent rain, the City of Cape Town is increasing its efforts to secure new sources of temporary water supplies in the midst of the worst drought in 100 years, mayor Patricia de Lille said on Sunday. At the May council meeting, the council resolved to take a new water resilience approach... 

South Africa, Rwanda sign environmental cooperation agreement

19th June 2017 Environmental Affairs Minister Edna Molewa and Rwandan Natural Resources Minister Vincent Biruta have signed a cooperation agreement on environmental protection and sustainable development, the environmental affairs department said on Sunday. Molewa and Biruta met in Kigali, Rwanda, on Thursday... 

Education is the key to economic freedom, says Zuma

16th June 2017 Education is the most powerful weapon towards economic freedom, President Jacob Zuma said on Friday. “Government has taken reasonable and practical measures in ensuring that young people are enrolled in schools and study in decent schools and not mud schools and other inappropriate structures,... 

Gigaba announces ministerial meeting on economy, says fiscal consolidation will stay

16th June 2017 President Jacob Zuma has called a meeting of key ministers in a fortnight to devise a strategy to spur the South African economy out of recession, Finance Minister Malusi Gigaba said on Thursday. “The president has stressed the urgency of a co-ordinated response, and is convening a full-day... 

#MiningCharter: Chamber of Mines concerned about capital flight

16th June 2017 Chamber of Mines president Mxolisi Mgojo said on Thursday, that the mining industry was concerned about the new mining laws contained in the Reviewed Mining Charter, saying that these laws may result in capital flight from South Africa. Speaking on the sidelines of the Chamber’s media briefing,... 

Num welcomes Mining Charter, but says it wanted higher black ownership targets

16th June 2017 The National Union of Mineworkers (Num) on Friday said while it welcomed the reviewed Mining Charter gazetted this week, the goverment-set targets for black ownership of the country’s mineral wealth could have gone further. In a statement, the union welcomed the introduction of a 30% black... 

BBC commends unapologetic Rob Davies over R7m funding

15th June 2017 The Black Business Council (BBC) on Thursday commended the trade and industry minister Rob Davies for being unapologetic in providing it with funding, and also commended his commitment and continued support. This comes as the legality of the BBC funding was questioned after Davies revealed that... 

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