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ARTICLE · 17 NOVEMBER 2021

Mining Industry Committed To Transformation

The SA mining industry plays a significant role in the country's economy. According to the Minerals Council Facts and Figures Pocketbook, in 2020 the sector employed in excess of 450,000 people...

South AfricaEnergy and Natural Resources

The SA mining industry plays a significant role in the country's economy. According to the Minerals Council Facts and Figures Pocketbook, in 2020 the sector employed in excess of 450,000 people, contributed about R361.6bn, roughly 7%, of the GDP and delivered R27.2bn in tax revenue. Yet, when it comes to transformation, it is mired by challenges and opposing views.

Amid regulatory uncertainty, with the mining charter subject to legal challenges, the sector is operating without any B-BBEE framework against which to measure its transformation.

Sector leaders joined Andile Khumalo, co-founder of Sanlam Gauge, in an online workshop to deliberate on the transformation challenges facing the industry and to chart the way forward.

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