Ramaphosa says mining has been a pillar of the South African economy 

Lerato Mbhiza

President Cyril Ramaphosa has unveiled the plan for the future of the mining industry in South Africa at the 2024 Investing in African Mining Indaba being held at the Cape Town International Convention Centre, Cape Town

The Investing in African Mining Indaba 2024 kicked off from Monday  and its aim is to attract investments to the mineral rich African continent. 

The Business Dialogue is held under the theme: “Growing Investments in the South African Mining Industry & Repositioning South Africa as a Global Destination for Critical Minerals”. 

In his speech Ramaphosa said in the last three decades, South Africa’s mining industry has undergone significant transformation. For nearly 150 years, mining has been a pillar of the South African economy. It currently contributes roughly 7.5% to GDP and accounts for some 60% of South African exports by value, he said. 

“Working with industry and labour, the democratic government has