Explainer: Why it is difficult to mine in South Africa

South Africa is ranked among the 10 worst places for mining investment. There might be a bit of truth to the statement as bureaucracy, social discontent and nugatory state-owned enterprises threaten investment.

“It is difficult to mine in South Africa especially if you look at how long it takes to get stuff in and out of the country, the bureaucracy and just how long it takes to get permits. Those are the things I hear people talk about when they express the reticence to invest in the country,” said Andrew Lane, senior partner and energy, resources and Industrials leader at Deloitte South Africa.

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Distributed Power Africa & EDF Extend Partnership to South Africa - IT News Africa - Up to date technology news, IT news, Digital news, Telecom news, Mobile news, Gadgets news, Analysis and ReportsDistributed Power Africa (DPA), a business of Cassava Technologies, and Électricité de France (EDF), one of the world-leading electricity companies, entered into a partnership to develop hybrid energy solutions for businesses in South Africa. Through a 50% shareholding in DPA operations in South Africa, EDF will fuel the development of distributed energy solutions, starting with […]
Source: ITNewsAfrica - 🏆 27. / 59 Read more »