Economics Politics Public Opinion South Africa White Monopoly

Minister Mosebenzi Zwane shocks mining sector, Bid for more Black Participation

Mining charter in court
Mineral Resources Minister Mosebenzi Zwane.

BLF says Zwane ke Bosso!

Today the minister Mosebenzi Zwane announced the most radical policy statement since 1994. The mining charter launches today is the brave and clear statement in the quest to return the stole wealth of the nation back to black hands. Minister Zwane deserve nothing but the unwavering support of our people in the struggle to realize radical economic Transformation.

Black First Land First(BLF) supports the Mining Charter as minumim program upon which the total reclamation of the economy can be realised. BLF would have loved even higher percentages in line with its policy directive; however we recognise that theseu measures contained in the Mining Charter are not at variance with the BLF position on minerals policy the only difference is the quantum of the ownership announced. We have to defend these minimums and escalate owneship as part of consolidation of the transformation process.

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“The Charter is being gazetted this afternoon,” Zwane said. “The button has been pressed. There’s no turning back. The success of this Charter to me is when we collectively get to a point where the minerals of the people in this country is shared among the people of South Africa.”

Some of the more revolutionary provisions of the Mining Charter is the call for 30% black ownership in 12 months. This provision us even more revolutionary if we consider the fact that in 23 years not even 5% black ownership has been achieved in the Mining sector. It’s brave shows leadership to prescribe a clear period upon which the target must be met.

Also the mining charter prescribes that for all new licencing for mining only applicants with 50% black ownership would be considered. This is another revolutionary measure which over night would force white monopoly capital to transform if it wants New prospecting rights. Also the charter calls for 70% of goods used in the Mining sector must come from black suppliers. Furthermore; 50% of mining boards must be black and 25% women representation.

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The communities where is mining are allocated 8% and also workers get another 8% stake. This is a revolutionary policy proposal which sets out direct owneship by the workers and the communities. Perhaps the most innovative and smart provision is that 1% turn over in the Mining sector must go to blacks. This is best way to beat compliance avoidance because turn over can’t be manipulated. The mining sector has trilion rand annual turn over; now black people would benefit directly from this over and above any dividend declared etc. Minister Zwane has out done himself in service of a black people. These measures must be defended against all the reactionary forces representing white monopoly capital.

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BLF notes the silence of the charter on the Zama Zama miners. This is an area that needs clarification and strengthening. The mining charter is good starting point for the transformation of the sector away from its colonial nature. Minister Zwane has given the best tribute to the warriors of June 16; 1976. They didn’t die in vain.

BLF calls on society to defend and advance further the provisions of the Mining Charter. Minister Mosebenzi Zwane has shown great leadership and vision. We are not surprised the criminal cartel known as the Chamber of Mines has boycotted the launch of the charter. Furthermore; we are not fazed by the economic terrorism of the so called markets. The time for radical economic Transformation is now! Viva Minister Zwane o Bosso wena!

Source: https://blf.org.za/2017/06/15/1895/

2 Comments

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  • Mxm as if the so called economic transformation is for everyone. We all know that the charter won’t benefit black people who are poor but black people who have connections and are in politics. If the charter was for black people then poor black people will be the beneficiary but we all know GREEDY hands won’t allow that to happen. The 30% proposed is a waste, as a black person its not gonna benefit me in anyway. Who knows maybe zwane, or the Gupta’s wll benefit as they always do. The current black people in power don’t care about poverty or other black people , something is always done that they benefit from at the end of the day. So the proposed charter is none existing to us black people who are poor. You go ahead and clap hands, as for BLF its a waste of time can’t take them serious and will never take them serious

    • As we all know, till #WMC is alive and active in #SouthAfrica, the growth, development, career, opportunity level can never increase for the blacks. Greedy hands will always observer and hold better things to their people, mostly Whites do that. As per our research, We all need a Free country and a Nation where no black no white, just a Country where each one get similar rights to get growth and well future.
      Last, 26% to now in demand 30% for blacks, its a revolutionary idea by Zwane, Benefits all who are real South Africans well get. Poverty is an Issue with Unemployment and Blacks who have power also working under Whites and Their Monopoly hold them to take any action in favor blacks.

      We all want WMC must complete removed from the South Africa and no more inequality in humans. Mining Charter is for everyone, don’t think like that, Be the part of New Nation and See the New Growth and Development in Country Soon.

      Must Stand Raise Voice And Stand for a Better Future. Hope Always for Best, Because hope give us Strength and We can Do and Go So Far it.