South Africa's Mineral Resources Minister Mosebenzi Zwane
South Africa's Mineral Resources Minister Mosebenzi Zwane

South Africa Mines Minister Says Charter Opponents Oppose Transformation

JOHANNESBURG  – Mines Minister Mosebenzi Zwane said on Tuesday that those opposed to South Africa’s Mining Charter are opposing transformation after an industry body applied to a court to block the new charter.

The Chamber of Mines on Monday applied for an urgent high court injunction to prevent the implementation of the charter, which increases the minimum threshold for black ownership of mining companies.

“We have confidence in the courts’ ability to act with diligence on this matter,” Zwane said in a statement.(Reuters)

 

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