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ARTICLE · 27 OCTOBER 2026

Joburg Indaba | Policy Discussion

Cliffe Dekker Hofmeyr
Cliffe Dekker Hofmeyr
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Cliffe Dekker Hofmeyr

Cliffe Dekker Hofmeyr

Cliffe Dekker Hofmeyr (CDH) is one of the largest full-service business law firms in South Africa,...

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South Africa's mining sector stands at a crossroads between transformation imperatives and investment realities. A recent parliamentary exchange revealed both the persistent trust deficit between government and industry and the promising signs of a more pragmatic approach to mining regulation. Can policymakers create a framework that delivers both transformation and investment before the next commodity boom passes the country by?

South AfricaEnergy and Natural Resources

A provocative call to “scrap B-BBEE” set the tone for a rigorous and unusually candid debate on policy certainty at #JoburgIndaba2026. But the discussion quickly moved beyond the headline to the more important question: what policy framework will actually unlock mining investment while continuing to deliver meaningful transformation?

The exchange between the DMR, Minerals Council and the DA’s Shadow Minister exposed the vestiges of the trust deficit that historically existed between government and industry but also evidenced the promising signs to overcome it.

The opposition critique was uncompromising: South Africa is “limping along” on resilience rather than benefiting from a genuinely investment-friendly policy environment. Lack of predictability, excessive ministerial discretion and regulatory uncertainty continue to weigh on investment decisions. The warning was stark: if another commodity boom arrives, South Africa risks missing it.

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