Team South Africa will host a mining investment forum at the Investing in African Mining Indaba at the Roof Terrace of the Cape Town International Convention Centre tomorrow, Tuesday, 10 May 2022 from 14:00-16:00. The theme of the session will be Accelerating Economic Growth by Building Partnerships in Mining and Mineral Beneficiation. The Mining Indaba gets under way this morning and will take place until Thursday, 12 May 2022 under the theme Evolution of African Mining: Investing in the Energy Transition, ESG, and the Economies.
The Minister of Trade, Industry and Competition, Mr Ebrahim Patel; Minster of Mining Resources and Energy, Mr Gwede Mantashe; Minister of Higher Education, Science and Innovation, Mr Blade Nzimande; and the Head of Investment and Infrastructure in the Presidency, Dr Kgosientso Ramokgopa, will address the forum.
According to the Head of Invest South Africa at the Department of Trade, Industry and Competition (the dtic), Mr Yunus Hoosen, the forum is targeted at potential investors from numerous African countries, as well as from Canada, United States of America, India, Japan, China, Australia, United Kingdom and the Saudi Arabia.
“The purpose of hosting the investment forum is to provide potential investors from the targeted countries with the opportunity to interface with the South African ministers as well as obtain clarity on the issues relating to the South African mining environment. The session will be an exclusive event for about 150 delegates, who will include investors, senior mining executives, senior government officials and key media figures where government will present its offerings to the investment community. Discussions at the session will centre on current and critical issues affecting the mining industry,” says Hoosen.
He adds that the session and South Africa’s participation in the Africa Mining Indaba will contribute in positioning the country as an investment destination of choice with a large presence of mining sector multinational investors with thriving businesses, thereby promoting the country’s investment proposition
“The Indaba offers us as government a platform to engage with key international role-players on key government policy positions and initiatives aimed at facilitating and enhancing a conductive operating environment for investors in the South African mining sector, as well the country’s plans to ensure the mining sector continues to contribute meaningfully to the SA economy. We will also use the opportunity to promote our mineral beneficiation cutting edge capabilities and the implementation of new technology for the future of the SA mining industry, to maintain its competitive position, and for its sustainable development,” adds Hoosen.
The Investing in African Mining Indaba is the world’s largest gathering of the most influential stakeholders in the African mining industry. These range from global mining and exploration companies, international investors, African and non-African governments, investment banks, mining equipment companies, mining services providers, law firms, financial services firms, engineering and research services, tax and accounting companies and business/technical consultants.
With an attendance of approximately 7 000 delegates representing more than 2 000 international companies., the Mining Indaba is a great platform for networking, deal-making and discovery in the African mining industry. This year’s Investing in African Mining Indaba is expected to gather thousands of delegates nearly
The event is meant to assist mining companies that operate in Africa and those aspiring to operate in Africa with obtaining more information on the dynamics of the industry and the available investment opportunities in the different parts of the continent as well as capital equipment that could be of assistance to them while operating in Africa.
Enquiries:
Bongani Lukhele – Director: Media Relations
Tel: (012) 394 1643
Mobile: 079 5083 457
WhatsApp: 074 2998 512
E-mail: BLukhele@thedtic.gov.za
Issued by: The Department of Trade, Industry and Competition (the dtic)
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