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Ramaphosa Hints at Mining Reforms to Unlock Investment; Hawks Close in on Mkhize

SOUTH AFRICA

LOCAL NEWS

  • Ramaphosa hints at African mining indaba that govt could be open to discuss private operation of state operator Transnet’s heavy-haul rail lines.
    • Mining companies said they would boost investment in mining projects by 84% if Govt tackles dysfunction plaguing the processing of mining permits and approvals for self-generation projects , as well as constraints facing railways and ports – BusinessDay
  • Zweli Mkhize’s political ambitions for the December ANC elective conference fade as the Hawks investigative unit are allegedly in the late stages of an investigation against hom that could lead to criminal charges – removing a key opponent for Ramaphosa.
    • Allegations refer to the R150m digital vibes scandal that resulted in his resignation from the role of Health Minister in 2021 – BusinessDay
  • Committee tasked with investigating the fitness of Public Protector Mkhwebane to meet today. Comes after Mkhwebane made another attempt to put her impeachment process on hold via a challenge to the ConCourt’s recission order.
    • This seems unlikely to succeed and the committee should push ahead with the process – Sunday Times
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage
MNI London Bureau | +44 020-3983-7894 | murray.nichol@marketnews.com
BulletEM BulletEmerging Market NewsHomepage

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