Gwede needs to be on the money with key mining players

Business

Gwede needs to be on the money with key mining players

Political fights and an energy crisis will cast a long shadow over any talk of significant investments

Jeremy Michaels

Gwede Mantashe can make or break the outlook for SA’s mining industry this week. The world’s most influential mining executives and industry professionals have descended on Cape Town and the minister of mineral resources and energy will be in the spotlight as he steps up to the podium at the annual Investing in African Mining Indaba on Monday.

In stark contrast to the optimism that was brimming over at the 2019 edition, when President Cyril Ramaphosa addressed a standing-room-only gathering, the crisis at Eskom will cast a long shadow over any talk of significant investments in the sector.

Eskom’s new chief executive, André de Ruyter, would do well to make a surprise appearance at what organisers have correctly dubbed “the world’s largest mining investment event”...

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