yt 3108 Evaluating South Africas mining sector performance 1024x576 - Evaluating South Africa’s mining sector performance

Evaluating South Africa’s mining sector performance

South Africa’s mining sector in 2017 contributed R335 billion to GDP, R81 billion in fixed investment and R19 billion in taxes. Despite its contribution it is a sector under siege from carbon tax, electricity hikes and recent labour disputes. It is also one of the most interesting industries with talk of Vedanta Resources on the prowl for Anglo American. Joining CNBC Africa to dig deeper into the sector’s performance and help us discover the gems is René Hochreiter, Mining Analyst at Noah Capital Markets.

Original of the video here
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