Article Written by Ian Kilbride. Having recently returned from grey London and the UK, I was mindful of the customary warning on the Tube and how its mundane, monotone, repetition loses urgency and impact. Coming home, it struck me how deep and challenging the gaps are in South Africa and yet we seem not to be heeding the warnings. Among others, I am concerned about the ‘gap’, which is more akin to a chasm, between government and business. This was illustrated most starkly in the countervailing pronouncements coming out of this week’s Mining Indaba in Cape Town. How can it possibly be that South Africa now ranks as one of the ten least attractive mining destinations globally? The annual Fraser Institute survey is sent to some 2,000 mining, exploration and development companies globally and in its latest results, we come out 75th out of 84 jurisdictions. It makes you wonder why the Mining Indaba it still held in South Africa, but then again, Cape Town remains one of the top ten tourist destinations globally. Therein lies the story of contemporary South Africa. On the one hand, we are squandering and failing to maximise the value of our unique endowment underground […]
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