South Africa: Mantashe Tables Department's Budget
The budget funds exploration, rehabilitation and safety projects as South Africa faces global economic headwinds and rising electricity costs, Mantashe said.
8 Articles
8 Articles
Mantashe acknowledges power inflation hurting metals industry
SOUTH Africa cannot build a downstream metals industry until the problem of high electricity prices is resolved, mines minister Gwede Mantashe said in an address to Parliament on Tuesday. In an article by Business Day, Mantashe acknowledged that rising power tariffs were placing severe operational pressure on mining companies, particularly in the ferroalloy sector. Mantashe was speaking during the presentation of his department’s budget presenta…
Mantashe says fuel supply ‘sufficient and stable’ despite global pressures
Mineral Resources and Petroleum Minister Gwede Mantashe has tabled the department’s R2.86 billion budget in Parliament, framing it as a strategic response to global economic instability, energy insecurity, and domestic mining challenges.
Fuel price adjustments depend on Treasury: Mantashe - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.
Minister of Mineral and Petroleum Resources Gwede Mantashe says the responsibility of reducing or increasing fuel prices falls within the ambit of the National Treasury and not his department. Mantashe was tabling his department’s budget of R2. 86 billion for the 2026/2027 financial year in Parliament. He says what he can do is to negotiate with the National Treasury on the amount of funding the department requires as a suitable share in a speci…
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