Explainer: Why it is difficult to mine in South Africa

South Africa is ranked among the 10 worst places for mining investment. There might be a bit of truth to the statement as bureaucracy, social discontent and nugatory state-owned enterprises threaten investment. 

“It is difficult to mine in South Africa especially if you look at how long it takes to get stuff in and out of the country, the bureaucracy and just how long it takes to get permits.  Those are the things I hear people talk about when they express the reticence to invest in the country,” said Andrew Lane, senior partner and energy, resources and Industrials leader at Deloitte South Africa. 

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The post Explainer: Why it is difficult to mine in South Africa appeared first on The Mail & Guardian.

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