The second one is the price of electricity and the third one was the five

The second one is the price of electricity and the

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The second one is the price of electricity, and the third one, was the five months strike of Association of Mineworkers and Construction Union, Amcu. Therefore, it becomes important for us to put our efforts in turning – not only mining around but the energy sector in general and the electricity generation, in particular. This is a harsh reminder to all of us that primary sectors of the economy are important to build the future and modern sectors. We all focus into the future digitalisation and everything that is modern. But if we are going to reach there, we must strengthen the primary sectors of the economy.
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UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 346 Against this backdrop, Prixley ka Isaka Seme had this to say: “Justly the world now demands-Whither is fled the visionary gleam Where is it now, the glory and the dream?” He talks to the dream that seems to confuse members to my left that to them dreaming is an abstract concept. But President Thabo Mbeki again tried to put this more clearly when he said: “Trying times need courage and resilience. Our strength as a people is not tested at the best of times, we should never become despondent because the weather is bad nor should we turn triumphalist because the sun shines.” The situation that is facing us as the country in respect of the economy requires us to appreciate that we need to have courage and resilience. We should not be triumphalists only when the sun shines. Because we will make that sun shine.
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UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 347 As we implement the election manifesto in this sixth Administration, we are ever mindful of our tasks. Our economy still depends to a large extent on the minerals and energy complex for its growth and development. These sectors will continue to play a significant role in the future of the economy. Merging the two portfolios under one Ministry enables more attention and focus on them and greater policy alignment, for certainty to the sector and the greater economy. We remain highly attractive for investment in mining, despite the fact that... I can see the cynical ridicule laughing. It is fine when you don’t know, you don’t know. If you don’t know, you simple don’t know. We remain highly attractive for investment in mining. To improve its overall performance, we must return it – particularly, to the major mineral groups, to growth trajectory. For the period 2018 to 2020 there is an estimated 60 mining projects in the pipeline with an estimated investment value of R110, 1 billion and projected employment of at 32 000 employees. Of these, ten are exploration projects, 26 are expansion projects, twelve are new mining development projects, four are
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UNREVISED HANSARD JOINT SITTING TUESDAY, 25 JUNE 2019 Page: 348 new processing plants and four sustainability projects to extend the life of mines, while the remaining balance of five are still unspecified.
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