President Cyril Ramaphosa Addresses Mining Indaba, Says Industry Is Crucial for Job Creation
- On day two of the 2022 Investing in African Mining Indaba, President Cyril Ramaphosa addressed the event on Tuesday, 7 February
- He said that the mining industry has further to go for it to reach its full potential, despite production reaching record-high numbers
- The president also said that it's government’s responsibility to ensure the industry grows and becomes more globally competitive
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CAPE TOWN - President Cyril Ramaphosa addressed the 2022 Investing in African Mining Indaba on Tuesday, 7 February, leaving many fuming.
Source: Getty Images
Day two of the mining industry’s key event was held at the Cape Town International Convention Centre. The indaba is focused on boosting mining investment and growth in Africa.
Ramaphosa said mining has been and will continue to be the root of African economies. He said that mining remains an essential part of the economy and plays an important role in job creation and retention.
The president said despite the country’s mining production reaching a record-high figure of R1.18 trillion, there is far more to go to reach the industry’s full potential. He said government is determined to create an environment that will drive sustained growth in mining, according to EWN.
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During his address, Ramaphosa said the energy crisis, port and rail operation issues, safety and security, illegal mining and structural reform are issues that government is working to tackle. He also said that the government’s responsibility is to ensure the mining industry grows and becomes more globally competitive.
The president also said that while it is a challenging time for mining in the country and the continent, Africa has the means to overcome the difficulties. He added that the industry is changing and has the ability to seize future opportunities, IOL reported.
Mzansi angered by President Cyril Ramaphosa’s address
@IrisLethabo said:
“Shame on you Mr President, resign already, you are not fit to hold that office because you are greedy and useless.”
@Dee0015_ posted:
“Honestly, I no longer hear the president, he sounds like a broken record to me.”
@Punksta3 commented:
“Hhayi wena there is no electricity, zama zamas are wreaking havoc in the mines, crime is at its all-time high and water is a problem. Why are you embarrassing yourself Ranko mara!”
@moses29019058 wrote:
“What is the point to lure investors into the country and make money when afterwards you do not want to spend it on the people of the country?”
@WarrenN16010732 added:
“Nationalise minerals in order for South Africans to prosper.”
Political analyst says that ANC is “morally and technically a hot mess” that Ramaphosa cannot save
Briefly News also reported that while President Cyril Ramaphosa’s popularity may have won his re-election as the leader of the African National Congress, political analyst Eusebius McKaiser is doubtful that Ramaphosa’s charisma is enough to save the embattled political party.
According to McKaiser, the ruling party is a moral and technical hot mess that President Ramaphosa could not save during his first term as ANC president.
To the political analyst, the ANC’s performance in government under Ramaphosa’s leadership was an indication of the party’s doomed future.
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Source: Briefly News
