Zink International’s Deshnee Naidoo on why they remain committed to SA mining
On the side-lines of the African Mining Indaba underway in Cape Town, CNBC Africa caught up with Deshnee Naidoo, CEO of Zink International, Vedanta Resources to talk about the promising changes in the greater mining industry over the past year.
Mon, 04 Feb 2019 15:08:49 GMT
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AI Generated Summary
- Impact of new minister and head of state on industry collaboration and atmosphere
- Importance of effective implementation and compliance in achieving industry objectives
- Vedanta's commitment to the South African economy and positive interactions with the government
The African Mining Indaba in Cape Town has witnessed discussions around the promising changes in the mining industry over the past year. In an exclusive interview with CNBC Africa, Deshnee Naidoo, CEO of Zink International, Vedanta Resources, sheds light on the positive developments and challenges in the South African mining sector. Naidoo highlights the impact of the new minister and head of state, creating an upbeat atmosphere and fostering collaborative efforts within the industry.
Naidoo emphasizes the importance of clear objectives in the industry and the need for effective implementation to drive sustainable growth. She discusses the industry's progress in addressing concerns and the critical role of the Department of Mineral Resources in guiding companies towards compliance.
Vedanta's commitment to the South African economy, as evidenced by substantial investments, is attributed to the rich mineral resources and conducive regulatory environment in the country. Naidoo underscores the company's long-standing bullish approach and positive interactions with the government, particularly in the Northern Cape region.
Addressing concerns about corruption in South Africa, Naidoo acknowledges existing challenges but expresses confidence in the current leadership's efforts to combat corrupt practices. She stresses the importance of maintaining transparency and ethical practices within the company to mitigate risks associated with corruption.
Naidoo reflects on her participation in the SA delegation's trip to India, highlighting the collaborative efforts to enhance trade and investment opportunities between the two countries. The business summit and roundtable discussions aimed to strengthen economic ties and explore new avenues for partnership.
As a female leader in the mining industry, Naidoo discusses the progress made in increasing female representation but acknowledges the need for further improvement. She emphasizes the role of both corporate entities and women in fostering gender diversity at senior levels and underscores her company's commitment to empowering women in the workforce.
In conclusion, Naidoo's insights offer a glimpse into the evolving landscape of the South African mining industry and the resilience of companies like Zink International in driving sustainable growth and promoting inclusivity.