
Mantashe punts critical minerals as a key driver for SA's economic development, job creation
Mantashe was speaking at an engagement on the G20 critical minerals framework in Sandton on Tuesday.
Although voluntary, the framework is tipped to be a blueprint for harnessing critical mineral resources to drive development.
Mantashe said he hoped it would promote secure, transparent and sustainable value chains.
"The most important thing for us, as developing economies, is that we should not be bullied for what we own. We must have a view and our view must be respected, that we mine those critical minerals and people need them, they must talk to us. We must not give them critical minerals on their own terms and our views are ignored."
With looming tariffs from the US on imports into that country, Mantashe said South Africa shouldn't be backed into a corner.
"You get 30% tariffs imposed on you? Send those tariffs elsewhere where there are no tariffs, where you get optimal value."

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Eyewitness News
9 minutes ago
- Eyewitness News
ANC: Trump's decisions on reciprocal tariffs expected
JOHANNESBURG - The African National Congress (ANC) said United States (US) President Donald Trump's decisions on the reciprocal tariffs come as no surprise. On Thursday, Trump announced he was imposing 30% tariffs on South Africa, which will come into effect on 4 August. And while the ANC said it's leaving it to the government to wade through the choppy economic waters, its seecretary general, Fikile Mbalula, said the matter is definitely on the agenda. ALSO READ: DA blames Trade & International Relations ministers for unfavourable trade deal with USA 'We will, among others, discuss the implications of the tariff increase, in terms of the economic trajectory and the path forward, how it impacts our economy, and what the options [are].' Despite concerns from some, including the Democratic Alliance (DA) in Johannesburg, Mbalula insists the City of Johannesburg is and will be ready to hold the much-anticipated G20 Summit later in 2025. He has also shared his thoughts on news from the US president that he might not make it to the country to participate in the event himself. 'They've now decided to not send the head of state of America; they decided to send somebody because South Africa will hand over to the United States with regard to the G20, our government must deal with that.'

IOL News
21 hours ago
- IOL News
Joburg ‘unfit to host G20' : DA slams leadership vacuum and failing services
DA Gauteng Leader Solly Msimanga says the City of Johannesburg is unfit to host the upcoming G20 Summit. Image: Timothy Bernard / Independent Newspapers. Just days after US President Donald Trump said he will likely not attend the G20 Summit in South Africa, citing 'very bad policies,' Democratic Alliance Gauteng leader Solly Msimanga says the City of Joburg is not ready to host the high-profile event. Msimanga, who briefed the media on Thursday outside the Johannesburg City Council, blamed what he described as a 'lack of leadership' in the city, saying Johannesburg is far from prepared. The event will be held in Johannesburg in November. 'Why is it that they cannot even appoint a city manager?' he asked. 'As we're sitting here, the city doesn't have a city manager. They've seconded someone from the province - from Cogta. Why is that the case?' In January this year, the city appointed Tshepo Makola as acting city manager after the Johannesburg High Court ruled that the appointment of former city manager Floyd Brink was unlawful and irregular. Makola, previously the city's chief operating officer, assumed the role temporarily. Msimanga's remarks follow Trump's announcement aboard Air Force One on Tuesday that he will "probably not" attend the summit. 'I think maybe I'll send somebody else because I've had a lot of problems with South Africa,' Trump said. 'They have some very bad policies… A lot of people are being killed. I'd like to, but I don't think I will.' Trump's comments reflect long-standing tensions between his administration and Pretoria. He has repeatedly made unsubstantiated claims of violence against white farmers in South Africa, a claim the South African government has consistently rejected. The White House has also cited concerns over the country's Black Economic Empowerment policies and land expropriation legislation passed in January 2023. Meanwhile, to tackle Johannesburg's mounting infrastructure and service delivery issues ahead of the G20, Joburg mayor Dada Morero launched the 'bomb squad' last month to address the issue. ANC Veterans League President Dr. Snuki Zikalala leads the team. Morero said the team's mandate is to identify crisis areas and support municipal units in ensuring efficient service delivery. However, Msimanga remains sceptical. 'President Cyril Ramaphosa cannot then just come and talk to us about a bomb squad. That is not actually addressing the basics. We're on our own here. We've been left with no leadership.' He said the DA has already tabled actionable proposals. 'We're ready to share our ideas, to allow experts to come and engage on behalf of the residents. Politics aside, this is about ensuring that Johannesburg becomes the city of gold we all know it can be.' Joburg continues to battle long-standing infrastructure problems including hijacked buildings, a water shortage crisis, rolling power outages, pothole-riddled roads, non-functioning traffic lights, high crime, and alleged corruption in various departments. Morero has said the bomb squad is part of a broader turnaround plan, but critics argue the initiative lacks transparency. DA caucus leader in Johannesburg, Belinda Kayser-Echeozonjoku, said many G20 delegates are expected to stay in Sandton, which she said is currently plagued by service disruptions. 'Last week, Sandton was without water for eight days,' she said. 'There are ditches all across Sandton, where these delegates will be staying. They're doing the bare minimum to make it appear as if they're fixing things.' Kayser-Echeozonjoku said the city has yet to release the terms of reference for the presidential working group (PWG), or clarify how much money is being spent on the bomb squad. 'We've asked for a plan. We don't know what they're doing. We don't know how much is being allocated,' she said. 'These are unconstitutional, parallel structures. We have heads of departments who should be doing this work.' She said the city is also suffering from a leadership vacuum at the executive level. 'There's no MMC of finance. The MMC of transport, Kenny Kunene, is on suspension - he's resigned. So who's fixing the roads? Is the mayor going to be the MMC of finance and transport too?'

IOL News
a day ago
- IOL News
Decisions, decisions: Can Trump resist the allure of our golf courses and snub our G20?
What does a host do when an important but discourteous guest won't properly RSVP? Should the host continually follow up with polite reminders? Or just proceed with the assumption that the VVIP is not attending, while leaving the door open for a last-minute change of heart? President Cyril Ramaphosa, the host of the Group of 20 leaders meeting in November, has this predicament with US President Donald Trump. Instead of accepting or turning down the invitation, Trump has continued to torment and confuse. This week he said he'd "probably send someone else", repeating the lies he's come to be known for about our country. While Trump simply wants to 'make America wealthy again', Ramaphosa has an even more urgent job of first rescuing our beleaguered economy. Ramaphosa, therefore, needs to leave the door slightly open in case Trump decides on the eleventh hour to pick up his golf bag and come over. South Africa shouldn't be surprised if Trump snubbed our G20, as disappointing as it would be as we would miss an opportunity to bask in the global limelight. But we shouldn't close the door to the chance that the leader of the world's biggest economy might come and even make a real contribution. Being a wanna-be-golfer myself, I would bet that Trump won't be able to resist the allure of Sun City's golf courses and suchlike. So, if we can't get any cooperation or sympathy from global trade's disruptor-in-chief, then let's hope the golf seduction works. But it would be a real pity if he snubbed us.