BizNis Africa
Latest News
Lidya raises $6.9 million in Omidyar Network investment fund
Lidya, the digital financial services platform focused on improving...
AfDB and Korea launch the Korea-Africa energy investment facility
The Government of Korea and the African Development Bank...
Korea announces $5-billion financial package for Africa
The Government of Korea and the African Development Bank...
World Leaders on Facebook reveals that Botswana Government has busiest page
Indian Prime Minister Narendra Modi is the most followed...
IDC officially opens new Emalahleni Office in Mpumalanga
The Industrial Development Corporation (IDC) has officially opened its...
Telecom Egypt secures $200 million Afreximbank financing for ICT infrastructure
The African Export-Import Bank (Afreximbank) will commit up to...
Ecsponent to invest ZAR400 million into venture capital company Capitis
Ecsponent Limited today, 23 May 2018, announced a transaction...
East African Banks dominate 2018 African Banker Awards
Winners of the 2018 African Banker Awards (AfricanBankerAwards.com) have...
Regional cooperation, structural reforms key to Africa’s economic transformation
Africa’s development agenda must focus on the socio-cultural and...
Facebook officially launches first hub facility in Africa
Facebook today, 22 May 2018, unveiled NG_Hub in Lagos,...

Godfrey Oliphant, South African Deputy Mineral Resources Minister

South Africa’s mining industry should speed up transformation in the sector to let more black players in or face pressure from an increasingly restive population, Godfrey Oliphant, South African Deputy Mineral Resources Minister warned industry players.

“The message to the mining industry is that the time for transformation in a meaningful way is actually now,” said Oliphant.

“If we don’t rise up to the challenges of transformation we might be put under pressure by society to do things which we might regret,” he added, pointing to rising tensions around the slow pace of land redistribution as an example.

The annual Investing in  Africa Mining Indaba officially ends today, 8 February 2018 in Cape Town, South Africa. 

Leave a Reply

%d bloggers like this: