SA trapped in 19th Century mining business model


South Africa needs to dig itself out of a 19th-century mining business model, academic Mamphela Ramphele said on Wednesday.

Speaking at a media briefing ahead of an international leadership education conference in Cape Town, she said a failure to change the nature of the industry was having devastating repercussions.

“We’ve just had this tragic Marikana debacle, and what was in evidence there is the consequence of South Africa failing to transform the mining industry from a 19th century business model, which relies on cheap migrant labour, very archaic mining technology and a… low-skilled, labour-intensive industrial base.”

http://www.iol.co.za/business/business-news/ramphele-sa-mining-trapped-in-history-1.1390611

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