The President once again sweet-talking investors at Mining Indaba 2019

SOUTH AFRICA - Report 08 Feb 2019 by Iraj Abedian

​The 25th Investing in African Mining Indaba, the most prominent and likely the biggest mining investment event in Africa, took place in Cape Town from February 4-7 with an estimated 6,000 delegates. The organizers of the event indicated that this year’s event would be focused more on deal-making as well as investment, while also championing sustained growth of African mining.

Both President Ramaphosa as well as Mineral Resources Minister Gwede Mantashe featured prominently at the event. Interestingly enough, both have previously been leaders in the National Union of Mineworkers (NUM), and as such, they have been seen as having extensive knowledge of the industry. Both addressed attendees of the Indaba, speaking to various issues concerning especially the South African mining sector. President Ramaphosa has been on a mission to revive investment in the country, including in mining, and predictably he used the platform to convince investors of the merits of putting their money into South Africa’s mining sector.

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