Minister Zwane on radical economic transformation

Mineral Resources Minister, Mosebenzi Zwane, has called for a halt to the mere use of the phrase 'radical economic transformation' without the implementation of crucial policies. Speaking at a Black Business Council breakfast on this very topic, Zwane emphasized the importance of putting words into action. In a conversation with CNBC Africa's Afiwe Mtila, Zwane shed light on his relationship with the Chamber of Mines, stating that they engage in robust discussions, a hallmark of democracy, and are currently working towards finding common ground on key matters. The Minister's approach to dealing with stakeholders, particularly one currently involved in a court case, is centered around continuous engagement. Zwane highlighted the importance of listening, influencing, and ultimately finding solutions and common ground with dissenting voices. Despite the prevailing narrative, Zwane noted that the majority of stakeholders support the government's efforts, with 59 out of 60 stakeholders endorsing the progressive charter. He stressed the government's commitment to leading and engaging constructively with all parties involved. Addressing concerns about job losses in the mining sector, Zwane refuted claims that the push for radical transformation was the cause. He underscored the government's responsible approach to understanding the industry, emphasizing that attributing job losses to policy implementation would be irresponsible. Zwane expressed trust in the assurances provided by mining companies regarding their commitment to responsible business practices. In response to fears surrounding the motives behind radical economic transformation, Zwane reassured the public that the government's actions are in line with the mandate given by the electorate. He urged against unfounded fears, stating that the policy of radical economic transformation is transparent and aligned with the will of the people. Zwane emphasized the need for accountability, transparency, and open dialogue in the pursuit of economic transformation. As the conversation around radical economic transformation continues to evolve, Minister Zwane's engagement with stakeholders and commitment to transparent communication stand out as key pillars of the government's strategy. By fostering dialogue, seeking common ground, and addressing concerns head-on, Zwane demonstrates a dedication to inclusive governance and sustainable transformation.