Nick Hedley | How the DMRE helped wreck the South African economy | Business

There are many reasons for South Africa's economic stagnation over the past 15 years. But the Department of Mineral Resources and Energy deserves special mention for the outsized role it has played.

Four years ago, President Cyril Ramaphosa decided to merge the departments of energy and mineral resources into a single entity, which is now headed by his ally, Gwede Mantashe. Like its predecessors, the combined department has crippled two of the most important sectors of the economy. Take the mining industry, which was once the backbone of the South African economy and labour market.Get 14 days free to read all our investigative and in-depth journalism. Thereafter you will be billed R75 per month. You can cancel anytime and if you cancel within 14 days you won't be billed.

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

Netflix and not-so chill: How streamers shape South Africa’s film industrySubscription streaming services have become giants. Some will be lifted onto their shoulders and some will be crushed under their weight
Источник: mailandguardian - 🏆 2. / 92 Прочитайте больше »