Godongwana: Nationalisation talk has hurt mining
6 October 2016
Johannesburg - The ANC has influence over mining sector policy but has not been helpful in this area, ANC official and former economic development minister Enoch Godongwana said at the Joburg Indaba held in Sandton on Wednesday.
Godongwana was highlighting the role of the ANC government in making the mining industry a key driver of the economy.
“[The ANC] spent two years debating the nationalisation of the mining industry. We allowed the debate to continue for two years, to the detriment of the industry,” he said. “We all have agreed that a lack of common vision for the industry creates challenges.”
Godongwana said that a way to grapple with the challenges facing the industry is to develop a strategic vision. This forms part of government’s Vision 2030, National Development Plan (NDP), he said. “We should not be lukewarm when it comes to the NDP,” he added.