New mining charter has created disunity - expert

There has been strong reaction over the weekend to the release of the new mining charter by Mineral Resources Minister Mosebenzi Zwane last week.

The Chamber of Mines says it’s going to court to stop it from being implemented, as they were not consulted and that some of the measures implemented were new.

READ: Chamber of Mines cries foul over new Mining Charter

The National Union of Mineworkers (NUM) says it was consulted and that it welcomes most of the charter, but not a clause around naturalised citizens qualifying for BEE status.

Analyst Mamokgethi Molopyane gives her take on the impact of opposing views.

Where it was supposed to bring about certainty, it has created more risks within the industry and I do think in two months time we are going to see the impact thereof. It will be mostly felt by the workers in the mining industry.

Mamokgethi Molopyane, mining analyst and MD at Creative Voodoo

Before they would have gone through lengthy engagements with each other behind the scenes but that hasn't happened.

Mamokgethi Molopyane, mining analyst and MD at Creative Voodoo

I do think the department handled it so clumsily, and it finds itself now having to defend its charter.

Mamokgethi Molopyane, mining analyst and MD at Creative Voodoo

Click on the link below to listen to the full audio....


This article first appeared on 702 : New mining charter has created disunity - expert


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