It also noted the removal of other provisions which were seen as onerous.
“The judgment also sets aside the provisions around procurement of goods and services (especially the capital goods target), and supplier and enterprise development which the Minerals Council argued contained unachievable targets for mining companies to meet, making compliance with the 2018 Charter problematic,” it said.
Big mining companies here often have to buy specialised and very costly equipment from overseas suppliers because the stuff is simply not made here, and all the ANC talk about “re-industrialisation” is not going to change that. Again, it underscores a fundamental detachment from economic reality, or how ANC policies have undermined the manufacturing sector. A 350-tonne truck does not grow on trees.
It's the second paragraph which unfortunately hits the spot. To tell the ruling party that "it underscores a fundamental detachment from economic reality, or how ANC policies have undermined the manufacturing sector."
They've run out of road. It's all collapsing. I think Cyril stayed the collapse for longer than Nkosazana would have.
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