Govt developing critical minerals strategy to support green industrialisation – Mantashe

Mineral Resources and Energy Minister Gwede Mantashe reports that government is in the process of developing a critical minerals strategy for South Africa, which will seek to support green-economy value chains domestically and abroad. Speaking at the Northern Cape Mining and Energy Investment Conference, Mantashe reported that government was monitoring global developments around critical minerals, which he termed a “new theatre of global economic struggle” to ensure that the strategy supported South Africa’s industrialisation aspirations.
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Eskom debt plan can reduce South Africa risks, Moody’s says

South Africa’s plan to provide its struggling power utility debt relief and potentially write off municipalities’ arrears to Eskom Holdings will ultimately improve liquidity and cut funding risks for the government, according to Moody’s Investors Service. The proposed R254-billion of relief announced in February’s budget is aimed at strengthening Eskom’s balance sheet and covering all interest payments over the next three years, provided it brings in private partners to help operate its plants and the electricity transmission network.
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