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President Cyril Ramaphosa on Tuesday highlighted the importance of the mining sector in the country’s economic growth and job creation.
Ramaphosa attended the second day of the investing in African Mining Indaba in Cape Town.
The conference is geared at boosting investment and growth in mining on the continent.
Ramaphosa said mining revenues help the government to provide services to the citizens of the country.
“The mining sector is an important contributor to the growth of our economy but also to job creation, and retention, accounting for close on to half a million direct jobs and close on to a million indirect jobs,” he explained.
Ramaphosa emphasized that mining revenues in 2022 reached a record high of R1.18 trillion.
“Boosting our GDP, our exports, and revenues, despite this achievement we are far from realizing the full potential of our mining industry. We are determined however to remove all impediments, everything that stands in the way, and create an environment that will drive sustained growth in mining.”
-EWN
In other news – Andile Mpisane heavily body shamed – PICS
South African singer and businessman, Andile Mpisane trends on social media following the Royal AM football match over the weekend.
Andile who is the chairman of the football club played on the football pitch but got switched with another player during the match. It was reported that the chairman was not happy with the coach’s decision and a video revealing his countenance surfaced on social media. Learn More