Motsepe says partnerships boosting South Africa’s mining sector

South Africa has regained competitiveness in mining because of partnerships between the public and private sector to tackle regulatory issues and structural bottlenecks, according to billionaire Patrice Motsepe.

Policy uncertainty together with vandalism, power outages and logistics bottlenecks have weighed on South Africa’s mining industry for more than a decade.

President Cyril Ramaphosa’s government partnered with business groups including B4SA to address the nation’s sub-standard transport and energy infrastructure and operations.

“They’ve done very well over the last few years in ensuring” South Africa becomes a destination for investments, Motsepe said at the sidelines of a conference in Kenya’s capital, Nairobi.

“Part of what should take place in those partnerships is for the CEOs of the mining industry to keep telling the government what are the changes, the improvements and the areas that will ensure that South Africa is a globally competitive destination.”

The end of rotational blackouts and improvement