Red tape is delaying R90-billion worth of mining-related projects at a time when the South African economy is in desperate need of such projects proceeding. Projects worth R30-billion would be able to proceed if the 4 000-plus mining and prospecting rights backlog could be eliminated, and R60-billion worth renewable energy projects could release 3 900 MW into the energy space if inhibiting bureaucracy were removed, Minerals Council South Africa has revealed in response to President Cyril Ramaphosa’s State of the Nation address (SoNA).
from Engineering News | Home https://ift.tt/SMLOxhi
