Mantashe to unpack finalised mining charter on Thursday

Minister of Mineral Resources Gwede Mantashe will on Thursday morning brief members of the media on the finalised version of the Mining Charter.

The long-awaited release of a renewed charter comes a week after Minister of Communications Nomvula Mokonyane confirmed that it had been approved by Cabinet.

The charter caused bad blood between industry employers organisation the Chamber of Mines and former Mining Minister Mosebenzi Zwane, with the chamber — now the Minerals Council South Africa — threatening court action to stop it being instituted.

It took the intervention of President Cyril Ramaphosa in February to bring both parties back to the negotiating table. Ramaphosa named Gwede Mantashe as new minister of mineral resources in late February.

In June, Mantashe committed to developing a charter which would ensure mine workers and mining communities reaped the benefits of mining companies’ operations, while shielding companies from unnecessary volatility. In July, the department held a summit to discuss latest version of the charter with the industry and social partners. A draft version of the charter for public comment was published shortly thereafter.


Solidarity said it was confident that the latest version of the charter would have as few points of contention as possible for the mining sector and labour.

The briefing is set to take place at 10am in Pretoria. — Fin24

Subscribe to the M&G

These are unprecedented times, and the role of media to tell and record the story of South Africa as it develops is more important than ever.

The Mail & Guardian is a proud news publisher with roots stretching back 35 years, and we’ve survived right from day one thanks to the support of readers who value fiercely independent journalism that is beholden to no-one. To help us continue for another 35 future years with the same proud values, please consider taking out a subscription.

Khulekani Magubane
Khulekani Magubane

Khulekani Magubane is a senior financial reporter for Fin24. 

Related stories

There are useful lessons to learn from the generation of the 1986 emergency

The parents of the 2020 crisis have little say about their children’s education

‘I will have to repeat grade 8’

Schools have been closed again. After months of doing schoolwork at home, not all parents think their children are ready to move to the next grade

Covid-19 is an opportunity to make our circles bigger

Xenophobia stalks us in this moment of crisis; our hope lies in humanity’s capacity to rebuild

Vigorous policing of petty crime during the pandemic suggests a Pyrrhic defeat

The ideological aims of the criminal justice system in dysfunctional societies, like South Africa, is to indirectly legitimise the inequitable economic system

Covid puts green energy in a coma

The coronavirus pandemic has disrupted governments’ plans to flatline the upward trajectory of global warming

Treasury: IMF’s low interest Covid-19 loan will provide financial relief

The International Monetary Fund has approved a $4.3-billion – R71-billion – loan to South Africa to bolster the economic relief package
Advertising

Treasury presents Covid-19 corruption action plan

Reports of corruption, over-pricing and the delivery of sub-standard PPE have become the norm over the past five months as the country grapples with the Covid-19 pandemic

Metro cops, SAPS clash over control

Tensions between the City of Cape Town and the police service over responsibilities mirrors the strain between national and local government
Advertising

press releases

Loading latest Press Releases…

The best local and international journalism

handpicked and in your inbox every weekday