Policies Driving South Africa's Extractive Sector Growth
The upcoming African Mining Week (AMW) conference – Africa's premier gathering for mining stakeholders, scheduled for October 1–3, 2025 in Cape Town – will feature a dedicated panel on South Africa's PGM sector. The discussion will showcase how recent policies are creating opportunities within the country's PGM market, exploring investment opportunities, challenges and anticipated policy-led growth.
Mineral Resources Development Bill
South Africa published its draft Mineral Resources Development Bill on May 20, 2025, for public comment. Set to replace the 2002 Mineral and Petroleum Resources Development Act, the new law addresses key industry challenges, empowers small-scale mining and promotes local beneficiation of minerals. The law seeks to ensure revenue generated from the industry is channeled into the formal sector and contributes to GDP growth. In 2024, the mining sector generated R674 billion in export earnings and R451 billion to GDP. The public has until August 8, 2025, to comment on the bill.
Petroleum Products Bill
The Department of Mineral and Petroleum Resources is expected to submit the Petroleum Products Act Amendment Bill (PPB) of 2024 to Cabinet for approval before the end of 2025. The bill aims to streamline licensing and appeals processes, increasing the oil and gas sector's contribution to economic transformation, job creation and security of petroleum product supply. The new law was submitted for public comments on October 21, 2024 and aims to replace the 1977 act.
Upstream Petroleum Resources Development Act
South Africa is set to complete the implementation of the new Upstream Petroleum Resources Development Act by September 2025. The law creates an investor-friendly regime for oil and gas investors, promotes economic growth and expands opportunities for local companies and entrepreneurs across the petroleum value chain. The act was signed by South African President Cyril Ramaphosa in 2024 and is expected to come into effect following the introduction of new Petroleum Regulations.
According to South Africa's Minister of Mineral and Petroleum Resources Gwede Mantashe, the law has not only created legislation that is investor-friendly for the oil and gas sector, but has also ensured that there is a dedicated regulatory regime for the sector given its potential for economic contribution and job creation.
The Mine Health and Safety Amendment Bill
The Mine Health and Safety Amendment Bill was tabled to parliament in late 2024 and seeks to amend the act of 1996. The bill aims to advance stakeholder adoption of modern health and safety practices, driving the country's agenda of zero harm across the mineral industry. Key provisions include measures to streamline administrative processes, strengthen managerial responsibility and accountability while enhancing mine safety training and adoption.
Distributed by APO Group on behalf of Energy Capital&Power.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Zawya
2 hours ago
- Zawya
South Africa: Presidency condemns Democratic Alliance (DA) harassment of Presidential Envoy, Mcebisi Jonas
The Presidency cautions South Africa against treating Democratic Alliance (DA) disinformation on matters of international relations and diplomacy as official Government policy. The DA's latest effort to embarrass President Cyril Ramaphosa's Special Envoy to North America, Mr Jonas Mcebisi, involves claims - in the DA's framing – that the United States has rejected Mr Jonas's 'credentials' and that Mr Jonas is therefore unable to perform his role as Special Envoy. The DA seeks to add sensationalism to its claim by suggesting President Ramaphosa and Mr Jonas face a crisis in view of the United States' pending implementation of trade tariffs announced several days ago by President Donald Trump. The facts around this matter include the reality that Special Envoys do not present diplomatic credentials to host countries in the way designated Heads of Mission or other diplomats are. While envoys are not required to account publicly for the work they undertake, the President's own accounts of his performance include elements facilitated by envoys. Mr Jonas's outreach does not in any way supersede the leading role played by the Department of Trade, Industry and Competition (DTIC) and the Department of International Relations and Cooperation (DIRCO) in our difficult but constructive trade negotiations with the United States, or in our diplomatic relations with this longstanding partner. Mr Jonas has, however, played an important role in working with the DTIC to develop the trade proposals in which South Africa is currently engaging the United States in good faith and with the expectation of mutually beneficial terms. Similarly, he has been assisting DIRCO in Government's efforts to reset diplomatic relations and all areas of cooperation between South Africa and the United States. While these processes are underway and in view of President Ramaphosa's telephonic contact with President Trump as well as his Working Visit to Washington in May 2025, President Ramaphosa has not had a need for Mr Jonas to visit the United States on urgent business. The Presidency is therefore concerned about the Democratic Alliance's persistent campaign against South Africa's national interest and its posture of trying to embarrass and belittle our country and in this specific circumstance, Mr Jonas. This campaign has its origins in a Democratic Alliance visit to the United States earlier this year, to advance an ideological agenda rather than our national interest. The DA has positioned itself as part of a right-wing nexus that seeks to use a foreign state to effect changes to democratically developed national policies in our own country. The DA is trying cheaply but dangerously to exploit a critical engagement between South Africa and the United States to protest President Ramaphosa's removal of Mr Andrew Whitfield as Deputy Minister of Trade, Industry and Competition. The DA's pronouncements and insults against countries and international organisations – such as the Republic of Cuba or the United Nations Relief and Works Agency for Palestine Refugees – offends South Africa's international relations and posture. If the DA were to succeed in undermining South Africa relations with various nations or institutions, the party will harm the viability of businesses and livelihoods of hundreds of thousands of South Africans who work in sectors that depend on the expansion of our trade relations with the world. Distributed by APO Group on behalf of The Presidency of the Republic of South Africa.
Zawya
2 hours ago
- Zawya
President El-Sisi Meets the Prime Minister, Minister of Supply, Minister of Agriculture
Today, President Abdel Fattah El-Sisi held a meeting with Prime Minister Dr. Mostafa Madbouly, Minister of Supply and Internal Trade Dr. Sherif Farouk, Minister of Agriculture and Land Reclamation Alaa El-Din Farouk, and Executive Director of the 'Future of Egypt for Sustainable Development' Authority, Colonel Dr. Bahaa El-Ghanam. Spokesman for the Presidency, Ambassador Mohamed El-Shennawy, said that during the meeting the availability of strategic reserves of essential commodities, particularly wheat, sugar, oil, meat, and poultry was confirmed. It was stressed that Egypt's food security is in a stable and reassuring state. The meeting reviewed details pertaining to contracts for the purchase of strategic commodities. These included contracts for the acquisition of 3.4 million tons of wheat, 192,000 tons of crude oil, 4,000 tons of frozen poultry, and 6,000 tons of frozen meat. Furthermore, it was noted that the State seeks to diversify its sources for wheat imports to ensure the availability of adequate quantities and avoid potential crises. President El-Sisi stressed the importance of full coordination among all state bodies concerned with food security, so as to ensure harmony among these institutions, facilitate their effective implementation and confirm alignment with state policies. The meeting highlighted the importance of cooperation among the relevant state authorities and 'The Future of Egypt' Authority to designate the areas within the New Delta to be cultivated with strategic crops, thereby maximizing planted acreage and increasing the self-sufficiency rate. The meeting also discussed efforts underway to ensure the efficient operation of bakeries, mills, and markets and reviewed progress on the "One-Day Market" initiative. The first phase of the initiative was launched in November 2024 with 200 markets, and the second phase began in May 2025 with more than 200 additional markets. The discussion tackled efforts to establish partnerships with the private sector, attract foreign investments in the retail sector, and establish commercial chains in Obour City, Nasr City, and Qalyub. The meeting also reviewed the Ministry of Supply and Internal Trade's efforts and preparations to launch a government commercial chain under the name "Carry On", marking the first unified brand in partnership with the private sector. Furthermore, the meeting reviewed efforts exerted to develop internal trade and to refine the databases of government subsidy beneficiaries, ensuring that support reaches those who meet the relevant criteria and conditions. Additionally, the meeting included detailed discussions on food security, the operational status of the Commodity Exchange, and the government's efforts to activate it as a safeguard for markets and an effective price-regulation mechanism. This initiative is expected to boost food security and ensure the sustainable availability of essential goods at reasonable prices, balancing the interests of producers and consumers, while supporting the agricultural and industrial sectors. It was noted that exporters and importers have begun registering in the Commodity Exchange, which is set to become the unified platform for importing and exporting goods. A draft law is currently being prepared to regulate the exchange, drawing on legislation from other countries with similar systems. The meeting also reviewed the state's policies for growing and supplying strategic crops, efforts toward digital transformation and technological integration in agriculture, and strategies to reduce agricultural expenditures. The status of the fertilizer sector, particularly nitrates and urea was discussed, with a strong emphasis on implementing gradual and balanced reforms to protect farmers and ensure food security. Finally, the meeting focused on initiatives to improve agricultural land, adopt mechanization, and enhance the productivity of red meat and dairy sectors. President El-Sisi stressed the importance of improving local livestock breeds to increase their yield in both meat and milk production. Distributed by APO Group on behalf of Presidency of the Arab Republic of Egypt.
Zawya
3 hours ago
- Zawya
American Tower Corporation (ATC) Nigeria Partners with ProFuturo Foundation to Transform Educational Landscape in Nigeria through Digital Innovation and Technology
The partnership is expected to directly benefit over 5,600 children and educators from 11 schools from three states in the country. This collaboration in Nigeria is a key part of a global partnership between American Tower and ProFuturo Foundation focused on reducing gaps in access, use and quality of educational resources in seven countries in Africa and Latin America. ATC Nigeria ( a leading provider of telecommunications infrastructure, and ProFuturo Foundation, a global initiative for educational innovation through technology, established by the Telefónica Foundation and the 'la Caixa' Foundation, are proud to announce their partnership with the Kukah Centre to collaborate under the ProFuturo Program in Nigeria. This collaboration will facilitate the distribution of kits, each one containing a computer, tablets, router, projector, and other essential components, which will enhance digital access and learning opportunities for students. Through its Digital Communities program, which provides digitally connected, technology-equipped spaces offering digital literacy and education for youth, financial education and vocational training for adults, and healthcare services, ATC Nigeria believes that this partnership with ProFuturo will reach youths and students across the country. The initiative and signing between ATC Nigeria and ProFuturo Foundation, where local authorities were present, underscores the commitment of both organizations to address the educational digital divide. Its goal is to enhance the understanding of vulnerable school contexts to promote innovative teaching practices more effectively and to strengthen the digital transformation of education. Pieter Van Der Westhuizen, CEO of ATC Nigeria, praised the initiative, stating: 'At ATC Nigeria, we are proud to support this impactful collaboration, which brings digital tools directly into classrooms. Through our collaboration with the ProFuturo Foundation, our Digital Communities program is expanding access to technology and equipping the next generation with the skills they need to thrive in a digital world.' Magdalena Brier, General Manager of ProFuturo Foundation, celebrates this agreement that "reinforces the commitment of the two organizations against the digital divide and the education gap. The alliance between ProFuturo Foundation and American Tower is a big step to improve educational opportunities for the most vulnerable. We are very honored with their support for what we have been doing since 2016 and I continually think about each of the teachers, boys and girls who will benefit, because, together, we are going to contribute to transform their lives." Initially focused on 11 schools in three States –Kano, Kebbi and Tarabata– the partnership is expected to directly benefit over 5,600 children and 34 teachers, even in areas with limited connectivity. By equipping schools with these kits, the initiative aims to bridge educational disparities generated by the digital divide. The kits are designed to enrich the learning experience, support interactive teaching methods, and provide students with access to a wealth of digital educational content. Distributed by APO Group on behalf of American Tower Corporation. Media Contacts: ATC Nigeria: Aderonke Adebanjo ProFuturo: Rafael Cobo Mobile: +34 647665488 About ATC Nigeria: ATC Nigeria is a subsidiary of American Tower Corporation, one of the largest global Real Estate Investment Trusts (REITs) and a leading independent owner, operator and developer of multi-tenant communications real estate. ATC Nigeria owns and operates over 8,600 telecommunications sites across the country, helping mobile network operators and other telecommunications service providers confidently deliver communications connectivity to consumers throughout Nigeria. For more information, visit: About ProFuturo Foundation: ProFuturo Foundation is an initiative of educational innovation with technology launched by Telefónica Foundation and "la Caixa" Foundation to reduce the educational gap in the world by providing quality education to children in vulnerable environments in Latin America, the Caribbean, Africa and Asia. Its intervention model is based on the evidence of impact provided by continuous monitoring processes, studies and evaluations. The ProFuturo program uses innovative teaching methodologies to help teachers and students develop competencies to face the challenges of the 21 st century. The program works with other institutions and companies and aims to create a large international network of teachers who teach, learn and share knowledge to achieve, together, a better education in the world.
