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Regulatory uncertainty casting shadow over South Africa amid forecast for further minerals market uptick

By:  
Creamer Media Deputy Editor: Features
 
LEGISLATIVE ENVIRONMENT
The South African mining industry has had a tumultuous time because of the controversial Reviewed Draft Broad-Based Black Economic Empowerment Charter for the South African Mining and Minerals Industry, also known as Mining Charter III, which, amid lingering political uncertainty, led to low investor confidence and continuing breaches of trust between government and industry, resulting in declining constructive engagement. The charter and its potential impact remain the main cause for concern for the industry, say many industry commentators.
 
 
 
 
 

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