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ECONOMIC LUNACY

7th July 2017

By: Martin Creamer

Creamer Media Editor

     

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What the Mineral Resources Ministry and its Department of Mineral Resources (DMR) are doing to the South African economy is tantamount to economic sabotage. The way the Ministry and the DMR are dictatorially going about Mining Charter Three has already dealt severe blows. For the common good, South Africans need to highlight the iniquity of the new DMR trust taking 1% of mining revenue, which last year amounted to R6-billion, ahead of anyone else. Unions should also force them not to destroy the hard-earned contributions of mineworkers to pension and provident funds. This lunacy must be brought to a halt.

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