Modern Quarrying January-February 2016

Delivering her budget speech in May 2013, Minister Shabangu emphasised the mining houses would implement government’s transformation agenda, ‘come hell or high water’.

INDUSTRY INSIGHT TRANSFORMATION

Transformation beyond the equity scorecard – Part I Going beyond transformation claims contained in employment equity scorecards and industry compliance reports, this paper which will be published in two parts, in the February and April issues of MQ , provides qualitative insight into the initiatives employed and challenges experienced by mining companies in a quest to transform the mining industry. Perceptions expressed during in-depth interviews with 10 senior executives, show that the assumption that mining companies are reluctant to transform, is erroneous.

by: NV Moraka and M Jansen van Rensburg, University of South Africa

‘W e need a min- ing sector that works. Mining employs over 500 000 peo- ple. It is the biggest earner of foreign exchange in our country, contributing

However, despite apparent commit- ment from government, enforced com- pliance with social and labour plans, regulations and Mining Charter targets, the South Africanmining industry is slow to gain local and international investor trust (Deloitte & Touche, 2013; Mashego, 2013).

about R20-billion directly to tax revenue. Mining also makes a far larger contribu- tion as a buyer of goods and services, and a supplier of inputs to other sectors of our economy and other economies around the globe’ – President Jacob Zuma, 2014 State of the Nation address.

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MODERN QUARRYING January - February 2016