Today's Labour News

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implatsheadgear smlBusinessLive reports that the ANC has extended an olive branch to the mining sector, cutting Department of Mineral Resources (DMR) Minister Mosebenzi Zwane down to size as the battle over the contentious reviewed Mining Charter continues to simmer.  

The party is scrambling to arrest the continued slide in the economy, and last weekend spent yet another three-day lekgotla focusing on stimulating growth.  Zwane recently released the third version of the Mining Charter after very little consultation, which angered the industry and resulted in legal action against the DMR.  Addressing journalists on Monday after the policy conference, Mantashe said:  "We must deal with the industry … not in a way that appears to be punitive.  Mining is not a short-term sector … it is a long-term sector … we must create an environment for that industry to perform."  Part of this approach would be to finalise the Charter as well as the Mineral Petroleum and Resources Development Act.  The ANC’s lekgotla also agreed that sections of the Charter had to be reworked.  Mantashe denied that this undermined Zwane.

Read this report by Natasha Marrian in full at BusinessLive

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