South Africa must bring transparency to mining in the same way as Zambia is doing
Zambia deserves a pat on the back for taking the lead in elevating mining transparency to the next level. With its ‘G-Factor for Natural Resources’ inventiveness, Zambia is providing online visibility in one-pager outlines. It would be good for the South African government to take note of the bonus rating that Zambia is likely to achieve for its effort within the Extractive Industries Transparency Initiative.
South African mining is not growing adequately because of the wanting manner in which the South African government is managing mining’s regulatory environment. South Africa needs all the investment it can get and as things stand, the South African government is failing to attract the investment in the smart manner that its African neighbours, who are also well-endowed, have been doing for some time. South Africa could make an immediate forward movement by joining the global Extractive Industries Transparency Initiative.
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