SA at crisis point and losing its head start in new rush for metals, warns Anglo CEO | Business

  • 📰 News24
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 80%

Deutschland Nachrichten Nachrichten

Deutschland Neuesten Nachrichten,Deutschland Schlagzeilen

Corruption, energy and logistics challenges must be fixed if SA mining is to capitalise on transition opportunities. | News24_Business

But if allowed to, business can play a key role in unblocking constraints.The scramble for green metals and minerals has begun as the world wakes up to the critical role of mining for the energy transition, but Anglo American says South Africa risks losing its head start as a key mining destination as corruption, energy, as well as logistics challenges reach"crisis point".

Africa's abundant mineral resources present a golden opportunity for these countries to take their supply of metals and minerals to an entirely new level and use that economic momentum as a catalyst to attract investment in clean energy, driving accelerated economic growth. "Just as the wheels of government turned at the last moment to liberalise the electricity generation sector, so they need to turn again to address the three scourges that are holding back progress. We would all rather that the wheels are turned before crisis point is reached, but we are already at that point."

The mining industry, and business, more broadly, can play an instrumental role in unlocking value and unblocking the constraints that hinder economic progress in South Africa and other countries like it, he said.

 

Vielen Dank für Ihren Kommentar.Ihr Kommentar wird nach Prüfung veröffentlicht.

_Business Hahahaha

Wir haben diese Nachrichten zusammengefasst, damit Sie sie schnell lesen können. Wenn Sie sich für die Nachrichten interessieren, können Sie den vollständigen Text hier lesen. Weiterlesen:

 /  🏆 4. in DE

Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

'Challenged' Eskom runs job ad for new CEO with 'integrity and ethics' | Business'A leader with unquestionable integrity and ethics' with a track record of 'turning around commercially and operationally challenged organisations' is needed to take the helm at SA's embattled power utility Eskom. | News24_Business _Business Eskom should be on Business Rescue, As the current available leadership in Eskom and government got no integrity nor ethics. They specialize in criminality. _Business No one, irrespective of skill, integrity, will ever get Eskom right while the ANC has its paws on the entity.. _Business No one with unquestionable integrity and ethics would get involved with Eskom or the ANC. The two embody everything that destroys integrity, goodwill, and fair dealing.
Herkunft: News24 - 🏆 4. / 80 Weiterlesen »