[LISTEN] Minister Gwede Mantashe explains the new mining charter
Mineral Resources Minister Gwede Mantashe has given details on how the new Mining Charter aims to ensure mine workers, their communities and black entrepreneurs share in the benefits.
The new charter was gazetted last week following several months of intensive engagements in the mining industry.
Mantashe joined Karima Brown in studio to discuss this.
Asked how the charter will ensure the host benefits of communities are distributed, Mantashe says they are working on the right 'vehicle' to ensure this.
The trust is one alternative that is widely used now if it is properly managed, we cannot develop society on the basis of deviant behavior. We are expecting communities to elect trustees, those trustees must account to those communities regularly.Gwede Mantashe, Mineral Resources Minister
The equivalent benefit means, mining company X - you want to develop a particular community, our preference is that you do not give that community hard cash. They must get development, if they want a school, they must get a school.Gwede Mantashe, Mineral Resources Minister
Communities must run their own trusts, ours is to monitor if companies comply.Gwede Mantashe, Mineral Resources Minister
Click on the link below to listen to the full conversation...