Black entrepreneurs shouldn’t see mining as quick money making scheme – Shabangu

2013-02-11 10:41

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

The mining industry required long term commitment to South Africa and should not be viewed as a “quick money making scheme”, Mineral Resources Minister Susan Shabangu has said.

Speaking today at The New Age business briefing in Fourways, Johannesburg, Shabangu said some black entrepreneurs needed to change the way they viewed the industry.

“It’s our black brothers... who come into this sector and see it as a quick money making scheme,” she said.

She said some people began as miners but worked their way up until they made millions.

“Today they have decided to sell their assets and pull out and today they are out there doing terrible things which are an embarrassment to us black people in this country.”

There were many people, however, who were in the industry to grow transformation.

“We are looking for real entrepreneurs,” Shabangu said.

“If they are here and think the mining industry will make [them able to] wear expensive shoes, wear expensive suits and move around socialising as socialites, it is not helping this industry.”

Rather, the industry required long term work and investment to achieve far-reaching benefits.

“Transformation is not an event, it’s a process,” she said.

Shabangu said the greatest problem facing mining was that there were too few skilled and educated workers.

Historically, “mining grows itself on the backbone of illiteracy”.

This would also help the sustainability of the sector.

“When you close down [a mine], you must not retrench, you must not [leave] people unemployed. You prepare people to move on to other industries in the sector,” she said.

Shabangu said she hoped to have amendments to the sector’s regulatory framework finalised by the end of the year, and encouraged the mining community and the public to participate in the public hearings.

While Shabangu said she was positive about the future of mining in South Africa, she said that violence accompanying strikes was unacceptable.

“We have a history in this country which we have to deal with... it’s violence.

“It comes in many formats, it’s not only in strikes... it’s a reflection of society.

“There is such a lot of violence in our country, if we continue in this way, definitely this country is going the wrong way,” she said.

Concerns over labour in the sector reached a new level when 44 people were killed during an unprotected strike at Lonmin’s Marikana mine in August last year.

Thirty-four strikers were shot dead and 78 were wounded when the police opened fire while trying to disperse a group of protesters gathered on a hill near the mine on August 16.

In the preceding week, 10 people, including two policemen and two security guards, were killed.

SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
/News
 

US biker deaths down: What's the secret?

Motorcycle deaths are on track to decline for a second year in the US thanks to a so far - on bikes - little-used road safety accessory.

 

Stay safe

US biker deaths down: What's the secret?
Pro's and con's of accredited driver-training
Juvenile pillion riders? Play safe...
Need a family ride? SA's top Mommy Cars
Horoscopes
Aquarius
Aquarius

You can be quite an extrovert today as you have the desire to mingle and connect with the crowd. Sometimes it is easier for you to...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.




Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.