Are some JSE-listed mining houses being run as a mafia-like “rainbow cabals”? Perhaps this proves the point that it is not always what you know, but who you know. Why does our minister of mines – knowingly – allow competent black-owned and operated mining companies to be victimised? Is our minister of mines providing political “top cover” for unscrupulous mining houses? Certain companies have been awarded mines in return for luxury apartments in Dubai for a certain minister.
Is our minister of mines providing political “top cover” for unscrupulous mining houses? Certain companies have been awarded mines in return for luxury apartments in Dubai for a certain minister. companies? Speaking of community empowerment before an election is a ploy to gain votes. In fact, theThe community has derived very little to no benefit from the mining there. Perhaps this is because some tribal elders have been “bought”.The rot goes deeper: how can employees at a mine own in excess of 50 houses in Rustenburg and one of the largest collections of Mustang supercars in South Africa?
While the workers are being readied for their tasks, the subcontractor must pay their costs and salaries.This has a snowball effect on the cashflow of the black subcontractor. Typically, a mining house subcontracts a miner and provides the equipment and the subcontractor mines on behalf of the mining house.