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...
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.
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....
Stay updated on how some of the world’s most promising markets are being affected by the Covid-19 pandemic, and what actions governments and private businesses are taking to mitigate challenges and ensure their long-term growth story continues.
Register now and also receive a complimentary 2-month licence to the OBG Research Terminal.
Register Here×
