Only the Elite Benefits from the Extractives Industry
In a recent opinion piece, the Deputy Secretary General (DSG) of the ANC, Jessie Duarte, asked a pertinent question with regards to the Mining Sector. Is South Africa benefiting enough from extraction of its resources? While we are delighted that such a senior leader of the majority Party would publicly question the efficacy of mining and its benefit to South Africa and its people, there remains a significant disconnect between the rhetoric that emerges from the governing party and the policies and legislation which entrenches and enables the deep and historical inequality of the past to continue into the future. The DSG approvingly quotes the Minister of Mineral Resources, Mosebenzi Zwane as saying that “With an estimated $2.5 trillion (R30 trillion) to $3 trillion in non-energy mineral reserves still in situ, we are looking forward to another 150 years of mining in South Africa,…[a]s we move mining forward, let’s take everyone along and ensure that the mineral wealth bene...