SA’s economic forecasts keep getting dimmer
Moneyweb – Last week the Reserve Bank’s Monetary Policy Committee (MPC) announced that it had revised its GDP growth forecast to just 0.5% for this year. This was halved from the 1% it had expected in May, and nearly 60% below the 1.2% GDP growth it had forecast at its meeting in March.
Zwane’s move will have dire effects
Fin24 – Johannesburg - Small companies at the fringes of the mining industry, along with empowerment transactions, will take the biggest immediate hit from Mineral Resources Minister Mosebenzi Zwane’s planned moratorium on all forms of mineral licensing.
Parliament to summon Zwane to explain Mining Charter moves
IOL – Parliament is set to summon Mineral Resources Minister Mosebenzi Zwane’s department to explain the Mining Charter and freezing of issuing of new mining licences.
Interview: Tebello Chabana
Radio Power Drive – Power FM is joined by Tebello Chabana who is a Senior Executive of Public Affairs and Transformation at the chamber of mines who discusses what is happening with the chamber of mines application to halt the implementation of the mining charter.
Zwane’s plan puts deals and growth on the line for SA mining
Business Day – Deals and growth in the mining industry will grind to a halt if Mineral Resources Minister Mosebenzi Zwane succeeds in his proposal to restrict the granting of all new mining and prospecting rights as well as the transfer of rights.
Mining Charter has already wiped out R50bn
The Citizen – Chamber of Mines says the charter would, if implemented, probably destroy what’s left of the industry.
Zwane licence freeze a "last gasp bid" to coerce mining sector
Mining Mx – A notice in the Government Gazette dated July 18, described by BusinessLive today as applying a freeze on new investment in South Africa, was "a last gasp" attempt by mines minister, Mosebenzi Zwane, to stamp his authority.
Mosebenzi Zwane ups ante with proposal that would freeze mining transactions
Business Day – Mineral Resources Minister Mosebenzi Zwane upped the ante in the fight with the Chamber of Mines over the controversial third iteration of the Mining Charter.
Mix FM is joined by Tebello Chabana
Radio Mix 93.8 FM – Gigaba says the chamber of mines and the Minister of Mineral Resources should get back to negotiations,
Interview: Tebello Chabana – Senior Executive Public Affairs & Transformation – Chamber of Mines.
Business Day TV – Chamber of Mines and the government have reached an agreement and put the recently gazetted revised mining charter on holding pending the court application