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Tough economic environment galvanises SA govt to deliver on regulatory certainty

South Africa’s deputy Minister of Mineral Resources Godfrey Oliphant on Tuesday stressed that the tough economic climate provided the opportunity for the country to galvanise delivery on measures to mitigate regulatory certainty, improve regulatory efficiency and infrastructure provision.
Oliphant was addressing the 17th Annual Africa Mining Breakfast presented by the Canada-South Africa Chamber of Business on Tuesday, conceding that the delay to ratifying the new Mineral and Petroleum Resources Development Act (MPRDA) was adding to regulatory uncertainty for miners in the country.