Less Mining Investors in SA

SA seeing less mining investors

Investors say they are finding other African countries like Ghana, Rwanda and Botswana more attractive for mining investment rather than South Africa.  

Investors attending the two day Jo'burb Indaba mining conference say South Africa's increasingly tough regulatory environment is forcing them to look elsewhere.

Partner and Africa Co-chair of Herbert Smith Freehills, Peter Leon says Botswana remains a leading mining destination for investors because of the attractive regulatory environment, while Ghana has created an independent minerals committee to reduce corruption in its mining industry.

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SABC Online

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