Ramaphosa vows Mining Charter finalised 'soon'

accreditation

Johannesburg - New rules governing black ownership of South Africa’s mining industry will be completed “very soon”, President Cyril Ramaphosa said at a Japan-Africa trade forum in Johannesburg.

“The mining charter will be finalised very soon and we have set a deadline,” Ramaphosa said, without giving details of the timing.

Africa’s most-industrialised country will try to remove “blockages” to investment in a bid to attract as much as $100bn over the next five years, he said.

* SUBSCRIBE FOR FREE UPDATE: Get Fin24's top morning business news and opinions in your inbox.

We live in a world where facts and fiction get blurred
In times of uncertainty you need journalism you can trust. For only R75 per month, you have access to a world of in-depth analyses, investigative journalism, top opinions and a range of features. Journalism strengthens democracy. Invest in the future today.
Subscribe to News24
Rand - Dollar
14.51
+1.7%
Rand - Pound
19.88
-0.0%
Rand - Euro
16.83
-0.0%
Rand - Aus dollar
10.76
+0.0%
Rand - Yen
0.13
-0.0%
Gold
1,767.60
0.0%
Silver
23.31
0.0%
Palladium
2,075.53
0.0%
Platinum
1,059.00
0.0%
Brent Crude
84.86
+1.0%
Top 40
60,494
+0.2%
All Share
67,029
+0.3%
Resource 10
64,347
-0.1%
Industrial 25
84,819
+0.7%
Financial 15
13,961
-0.3%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Voting Booth
Facebook is facing a fresh crisis after a former employee turned whistle-blower leaked internal company research . Do you still use Facebook?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes, the benefits outweigh the risk for me
23% - 94 votes
No, I have deleted it
47% - 192 votes
Yes, but I am considering deleting it
30% - 125 votes
Vote