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Business Report writes that the Chamber of Mines (COM) on Wednesday warned that between 50,000 and 100,000 jobs could be lost in the mining industry in the next few years if the 2017 Mining Charter were to be implemented in its current form.
It also argued that the impact could even be felt beyond the mining industry. The third version of the Charter, which was announced by Mineral Resources Minister Mosebenzi Zwane two weeks ago, aims to promote equal participation of all South Africans in mining. At a round table briefing, the COM’s chief executive Roger Baxter shrugged off Zwane’s claims that the COM was anti-transformational following its decision to approach the High Court in Pretoria to stop the implementation of the Charter. Baxter indicated that the interdict application was to be heard by 18 July. Elize Strydom, chief negotiator for the Chamber, said that they expected to meet the deputy judge president of the High Court on Thursday to discuss why their application was urgent.
- Read the original of this report by Dineo Faku in full at SA Labour News
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