SA to cut ‘Gupta clause’ in Mining Charter, Gwede Mantashe says

Mineral Resources Minister, Gwede Mantashe briefing media on his immediate plans and priorities at Ronnie Mamoepa Media Centre, Tshedimosetso House, Hatfield, Pretoria. South Africa. 20/03/2018. Siyabulela Duda

JOHANNESBURG- Mineral Resources Minister Gwede Mantashe who is in talks with companies, unions and mining communities on an update to the mining charter after a version published last year by his predecessor prompted legal challenges from the industry, said that the country will remove a clause from the Mining Charter which includes naturalization of citizens.

The clause is made to attempt to evenly redistribute the country’s mineral wealth.

Among the critique of the 2017 charter its recognition of black and other historically disadvantaged people who had taken citizenship after being in the country for a long enough period.

Opposition to the clause said the inclusion of this classification was specifically made for the Gupta family who were friends to former president Jacob Zuma, as the family was accused of using their connections to influence many workings of government.

Mantashe said, “We want to cut out anything that looks suspicious in the charter,”

“We’ll take it out because it attracts attacks on the charter, it sounds like a Gupta clause,” he said.

He added the reworked charter will not be a completely new charter or document but will be based on the previous paper.

Photo Credit- BusinessLIVE

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