South Africa

Displaying 79 - 84 of 679

 

The country boasts an estimated $2.5trn worth of proven mineral reserves, while the mineral resources sector contributes 8% to South Africa’s GDP directly, 17% indirectly and is the country’s second-largest employer with an estimated 14% of total employment.

 

The development of key mining value chains, known as beneficiation, is a major objective for the government. While mining operators support the concept in theory, the practical application has proven more difficult and made the related policies in the pending Mineral and Petroleum Resources Development Act (MPRDA) amendment and the Department...

 

What factors are driving the iron ore industry?

 

Insufficient generation capacity in South Africa led to 99 days of load shedding between January and August 2015, with the impact on the country’s energy-intensive mining industry of particular concern.

 

How would you evaluate South Africa’s transition to a “Twin Peaks” approach thus far?

 

South Africa has a patchwork health insurance system with many key pieces missing. A state scheme exists that provides free healthcare. Its footprint is limited though; it excludes anyone earning more than R6000 a month ($518). Private insurance is available to those who earn more, but it is expensive and often comes in low on reimbursement....

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