(Bloomberg) -- New rules governing black ownership of South Africa’s mining industry will be completed “very soon,” President Cyril Ramaphosa said at a Japan-Africa trade forum in Johannesburg.
“The mining charter will be finalized very soon and we have set a deadline,” Ramaphosa said, without giving details of the timing.
Africa’s most-industrialized country will try to remove “blockages” to investment in a bid to attract as much as $100 billion over the next five years, he said.
To contact the reporter on this story: Loni Prinsloo in Johannesburg at lprinsloo3@bloomberg.net.
To contact the editors responsible for this story: Dana El Baltaji at delbaltaji@bloomberg.net, Robert Brand
