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Red tape delaying R90bn in projects – Minerals Council

Red tape is delaying investment worth R90-billion in ready-to-go mining-related projects, at a time when the South African economy is in desperate need of such projects proceeding, to create jobs and to stimulate economic growth. Projects worth R30-billion would be able to proceed if the 4 000-plus mining and prospecting rights backlog could be eliminated, and R60-billion worth of renewable energy projects could release 3 900 MW into the energy space if inhibiting bureaucracy were remo...
South Africa Richards Bay Kwazulu Natal South Africans South African Sipho Nkosi

The Minerals Council South Africa welcomes the 2022 SoNA address and its commitments to stimulate the economy

President Cyril Ramaphosa’s State of the Nation Address 2022 outlined measures to address the key challenges to the economy that the Minerals Council South Africa has identified as obstacles to investment, inclusive growth, and job creation, but, critically, we need urgent, tangible action from the state to enact these strategies. The Minerals Council welcomed the frank assessment of the state of South Africa’s economy by President Ramaphosa during his sixth State of the Nation Addre...
South Africa Richards Bay Kwazulu Natal South African South Africans Sipho Nkosi

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