mosebenzizwaneMiningmx reports that Mineral Resources Minister Mosebenzi Zwane is to embark on provincial roadshows in the next two weeks in order to “take the [Mining] Charter to the people” and to raise awareness.  

This will be despite widespread dissatisfaction with its contents, even from within the ANC, his own party.  He said in Parliament during his budget vote speech on Wednesday:  “The 2017 Mining Charter which has just been gazetted is meant to be a catalyst that provides practical expression to our goal of a more inclusive economy.  We encourage the young people who are the future of this country to embrace the Mining Charter by exploiting the opportunities to be unleashed by this Instrument of Change.”  A third redraft of the Charter, which was published on 15 June, shook investors as well as the Chamber of Mines.  The coup de grâce was an apparent refusal to recognise empowerment deals where the counterparties had sold their shares, or the empowerment structure had collapsed.  The ANC’s economic transformation committee also voiced its disapproval.  


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