“The 15th annual Standard Bank Top Women Awards hosted at the renowned Emperors Palace this year shines the spotlight on leaders and organisations driving gender empowerment in South Africa.”
“The South African economy’s stubborn lack of growth shows that we have still not recovered fully from the 2008 economic crisis.
While the World Bank forecasts an average 4.5% GDP growth for emerging markets, our growth forecast is 1.1%.”
When Black Royalty Minerals, a subsidiary of the Makole Group launched the Chilwavhusiku Colliery in Bronkhorstspruit in January 2018, one of its primary objectives was to create economic development in the community. Key to this was ensuring that over 80% of the colliery workforce are locals and from a supplier and procurement perspective, they meet the BBBEE criteria and are sourced from the surrounding Bronkhorstspruit community.
The South African economy’s stubborn lack of growth shows that we have still not recovered fully from the 2008 economic crisis. While the World Bank forecasts an average of 4.5 percent GDP growth for emerging markets, our growth forecasts are a paltry 1.1 percent.
Stories of black miners who have tried and failed and tried again to participate in the mining industry are common, which is perhaps why black miners’ goals seem to no longer be part of Mining Charter debates and may explain why their voices are not prominent.
If radical socio-economic transformation – the term favored by South African politicians these days – had a face, it would probably look like one of the many new mining operations being established by new players in the industry.
A recent report by Statistics South Africa noted that mining production had increased by 6.5 per cent year-on-year, up from the annual growth of 5.2 per cent reported in October 2017.This bodes well for Black Royalty Minerals, a subsidiary of the Makole Group, which launched its first colliery in Bronkhorstspruit earlier this week.
A recent report by Statistics South Africa noted that mining production had increased by 6.5% year-on-year, up from the annual growth of 5.2% reported in October 2017. This bodes well for Black Royalty Minerals (BRM), a subsidiary of the Makole Group, which launched its first colliery in Bronkhorstspruit, a small town east of Pretoria characterised by typical socio-economic issues faced by many poor communities in South Africa.
The City of Tshwane has provided busses to every ward in Bronkhorstspruit, in an effort to alleviate youth unemployment in the area.
The busses will collect youth from various points, taking them to the Black Royal Mine to drop off their CVs.