15 Oct 2013

Mining

Ramphele: Drop BEE

Agang SA leader Mamphela Ramphele has called for SA to abandon empowerment, which, she says, has not worked. A great many people would agree with her. She also said that under an Agang government, officials found guilty of corruption would be jailed for a minimum of 15 years. Do we hear calls of "More!" "More!"?

Our education system is generally considered by quite a few people to be in a shambles, so it's not surprising that it's bleeding teachers. According to Angie Motshekga, some 14,000 teachers left the education department in the 2012/13 financial year. Of these, 6,272 resigned. If one reads media reports of teachers being assaulted, disruptive pupils and what-have-you, the only real surprise is that there are not more teachers taking the gap and taking up less onerous jobs in which they will have the respect they deserve... from all quarters.

We need entrepreneurs here, but Canada plans to lure SA entrepreneurs to Canada with a Start-up Visa. So what are we going to do to keep our budding entrepreneurs and future employers here?

Come fly with me - but only if you have a bit of cash... Rob Baker (no relation, as you can see he's far better looking than I am) makes some points about what the role of a state-owned airline should be, and also, what the state should not do that might stifle competition.

Rod Baker, Content Director

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Weekly top stories

Richards Bay Coal Terminal poised for record exports
[Brendan Ryan] The Richards Bay Coal Terminal (RBCT) could hit record export levels of about 70m tons this year if the coal exporters step up sales volumes in the last three months as they traditionally do. Read more >>

Mining
Mineworkers fail to gain from share plans
[Carol Paton] Employee share ownership plans (Esops) in the mining industry - viewed five years ago as a way to spread the benefits of empowerment to workers - have all but failed, with minimal benefits flowing to lower-end employees now that the schemes have begun to vest. Read more >>



Mining industry, labour helping to bring stability to sector
KEMPTON PARK: Deputy President Kgalema Motlanthe says the mining industry and labour unions have "so far" lived up to their promises to bring about stability in the mining sector during strikes. Read more >>

Ramphele calls for SA to abandon empowerment
[Linda Ensor] Black economic empowerment (BEE) has not worked in transforming the economy in a fundamental way and should be abandoned‚ Agang SA leader Mamphela Ramphele said last week. Read more >>

Maputo port set for another record tonnage this year
[Helmo Preuss] After waiting 40 years to break the annual record tonnage of 14.7m tons (Mt) shipped in 1972‚ Maputo port will this year ship 18Mt after a record 15.2Mt last year‚ Maputo Port commercial director Johann Botha told I-Net Bridge. Read more >>

Mine health, safety bill out for public comment
PRETORIA: Cabinet has approved the publication of the Draft Amendment Bill of the Mine Health and Safety Act, 2013, in the Government Gazette, for public comment. Read more >>

Mining strikes a concern for govt
PRETORIA: Mineral Resources Minister Susan Shabangu says government is concerned about the current strikes in the mining industry. Read more >>


Mining Resources
Converting high risk into high reward: strategies for success in the Junior Mining sector
[Issued by IIR] While there is no question about the gravity of the challenges that junior to mid-tier mining companies face, there is also no denying the enormous opportunities that are waiting to be realised in this sector. Read more >>


Government

UIF set to extend benefit payment period
The Unemployment Insurance Fund (UIF) is on the verge of expanding the period of benefit payments from eight months to 12 months, says the fund's commissioner Boas Seruwe. Read more >>

SA welcomes Global Fund's R3bn HIV grant
Cabinet has welcomed and thanked the Global Fund for its R3bn funding grant to support HIV and TB programmes in the country. Read more >>

Shale gas exploration an opportunity for SA
Mineral Resources Minister Susan Shabangu says the potential for shale gas exploration and exploitation provides an opportunity for South Africa to begin exploring the production of its own fuel and marks the beginning of the re-industrialisation of the economy. Read more >>

Calls for speedy resolution of labour disputes
President Jacob Zuma has urged labour and business to work on any unresolved labour disputes so that the economy can return to full production. Read more >>


More Government news


New events to diarise

2nd Annual Junior Mining & Exploration Conference - 5 Nov 2013 to 7 Nov 2013 Johannesburg
Discussing the challenges facing junior miners in Africa and exploring potential solutions. Read more >>


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