https://www.engineeringnews.co.za
Africa|Exploration|Mining|System
Africa|Exploration|Mining|System
africa|exploration|mining|system

Democratisation of South Africa’s public market system is a must

21st June 2024

By: Martin Creamer

Creamer Media Editor

     

Font size: - +

South Africa’s democracy is 30 years old but, in that time, its public market system has failed to be democratised. Admittedly, large institutions on the Johannesburg Stock Exchange are investing provident fund and pension funds money of a large portion of the population.

But the South African economy and the South African people could be elevated into a new investment era if the way were opened for individuals to grow their own investment portfolios as well.

Public funding is now being provided for mineral exploration and a new mineral cadastre is being build. Those two advances could provide the platform for inclusive participation by small-end investment. The highly successful schemes offered by the likes of Canada and Australia show that public market participation can be a major advantage for small investors and a great win for the mining economy, which, in turn, floats very many boats across a wide spectrum.

Once an efficient mineral licensing administration is in place, National Treasury will no longer have an excuse to refuse to provide the tax incentives that have helped to build the economies of competing jurisdictions so successfully.

Edited by Martin Zhuwakinyu
Creamer Media Senior Deputy Editor

Comments

Showroom

Avlock International
Avlock International

Avlock International is a leading manufacturer and distributor of Specialized Fastening Systems.

VISIT SHOWROOM 
Condra Cranes
Condra Cranes

ISO-certified Condra manufactures overhead cranes, portal cranes, cantilever cranes and crane components: hoists, drives, end-carriages, brakes and...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Photo of Martin Creamer
On-The-Air (12/07/2024)
12th July 2024 By: Martin Creamer

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.193 0.249s - 172pq - 2rq
Subscribe Now