South Africa has regained competitiveness in mining because of partnerships between the public and private sector to tackle regulatory issues and structural bottlenecks, according to billionaire Patrice Motsepe . Policy uncertainty together with vandalism, power outages and logistics bottlenecks have weighed on South Africa’s mining industry for more than a decade. President Cyril Ramaphosa ’s gov...
South Africa has regained competitiveness in mining because of partnerships between the public and private sector to tackle regulatory issues and structural bottlenecks, according to billionaire Patrice Motsepe . Policy uncertainty together with vandalism, power outages and logistics bottlenecks have weighed on South Africa’s mining industry for more than a decade. President Cyril Ramaphosa ’s government partnered with business groups including B4SA to address the nation’s sub-standard transport and energy infrastructure and operations. “They’ve done very well over the last few years in ensuring” South Africa becomes a destination for investments, Motsepe said at the sidelines of a conference in Kenya’s capital, Nairobi. “Part of what should take place in those partnerships is for the CEOs of the mining industry to keep telling the government what are the changes, the improvements and the areas that will ensure that South Africa is a globally competitive destination.” The end of rotational blackouts and improvement in transport logistics have put South Africa in a better place to capitalize on higher commodity prices. Johannesburg’s industrial metals and mining gauge has climbed 30% this year, compared with just a 2.4% increase in the benchmark FTSE/JSE All Share Index. South Africa Coal, Metal Exporters to Spend Billions on Rail How Cash-in-a-Sofa Scandal Risks Toppling Ramaphosa: Explainer Warning Signs Lie Ahead for a Resurgent Economy: Next Africa Still, South Africa’s investment in mineral exploration dropped for a seventh straight year, despite the government’s ambitions to arrest the decline. Exploration spending in South Africa fell 5.3% to 738 million rand ($44.8 million) in 2025, according to data published in March by the government’s statistics agency using 2015 constant prices. Investment in prospecting has slumped more than 85% in the past three decades, the data show. Motsepe, South Africa’s wealthiest Black person who made his fortune in gold mining ...
Chery vehicles are on display at the 2026 Beijing International Automotive Exhibition on April 28. Photo: VCG Hong Kong-listed Chery Automobile Co. Ltd. has joined forces with Japanese automotive retailer Autobacs Seven Co. Ltd. and several other firms to form a joint venture aimed at launching a new electric vehicle (EV) brand targeting the Japanese market, according to a report by Nikkei on Mond...
Chery vehicles are on display at the 2026 Beijing International Automotive Exhibition on April 28. Photo: VCG Hong Kong-listed Chery Automobile Co. Ltd. has joined forces with Japanese automotive retailer Autobacs Seven Co. Ltd. and several other firms to form a joint venture aimed at launching a new electric vehicle (EV) brand targeting the Japanese market, according to a report by Nikkei on Monday. The joint venture, named Electric Mobility Technology (EMT), will leverage Chery’s technology, produce vehicles in China, and sell them in Japan, the report said. Chery told Caixin that it is an investor in EMT but does not participate in its management. The company has not disclosed future plans for the venture.