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Assessing and promoting civil and minority rights in South Africa.

[Source: Business Day by Allan Seccombe.]

President Cyril Ramaphosa tackled major industry concerns about Eskom and the security of investments and land tenure, hoping to soothe fears and encourage capital inflows.

As the first sitting SA president to address the 25-year-old Investing in Africa Mining Indaba in Cape Town, Ramaphosa sought to address issues raised by the Minerals Council SA, mining executives and investors.

While he did not go into detail about what the government’s actions regarding Eskom will be — with that plan expected to be unveiled in his second state of the nation address on Thursday evening — he assured a packed room of delegates that the crisis-hit power utility would be fixed.

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South Africa at a Glance
58 780 000 (mid 2018 estimate)
4.5% y/y in June 2019 (CPI) & +5.8 y/y in June 2019 (PPI)
-3.2% q/q (1st quarter of 2019)
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