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Opportunity Issue 108

Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).

Opportunity magazine is a niche business-to-business publication that explores various investment opportunities within Southern Africa’s economic sectors. The publication is endorsed by the South African Chamber of Commerce and Industry (SACCI).

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MINERALS COUNCIL SOUTH AFRICA<br />

A catalyst for South Africa’s<br />

economic development<br />

Minerals Council South Africa CEO Mzila Mthenjane outlines his vision for how mining<br />

can transform South Africa. From playing a role in supplying the materials needed<br />

for infrastructure development to helping the country transition to a greener future,<br />

mining can play a primary role in putting South Africa on a path to prosperity.<br />

How have your first months in office been?<br />

I completed my “First100 days” at the end of November 2023 with,<br />

among other things, board approval of our strategic goals and a<br />

budget for the following year. I was pleased with the outcome.<br />

The transition was seamless given the extensive support that I<br />

received from my predecessor (he really helped me a lot in the<br />

process before I formally took over on 21 August 2023), the board,<br />

management team and family. Overall, it has been a “no-regret”<br />

and I remain extremely excited about the role and the prospects<br />

for the industry and the country. From a governance perspective,<br />

we have a board of directors selected from the members and five<br />

Office Bearers consisting of the President and four Deputies who<br />

are selected from the board.<br />

What are your goals as CEO?<br />

Firstly, my vision considers where we are as a country and the role<br />

that I believe the mining industry can play. As a primary industry,<br />

I maintain that it can be a catalyst for South Africa’s economic<br />

development, treated with intentionality to instil change and<br />

progress. We have a country that needs significant infrastructure<br />

development, not only in current terms relating to Eskom and<br />

Transnet, but beyond that in terms of road infrastructure,<br />

human settlements, communication and the need to connect<br />

our cities through all modes of mobility. That is going to need<br />

materials which mining is best positioned to provide. I have a<br />

vision of growth in mining output across several commodities,<br />

which can really transform South Africa in terms of the economy<br />

and social progress to a modern, culturally diverse and naturally<br />

beautiful country. At the same time, given the imperative for an<br />

energy transition, mining has an important role to enable the<br />

country to transition to a low-carbon future. Firstly, in terms of<br />

the production of the minerals required for light and resilient<br />

materials and green technologies. More importantly, in terms of<br />

the “Just Energy Transition”, the economic stimulus from mining<br />

will provide economic opportunities that create the foundation<br />

for a transition to a better life. It’s an industry that I am very<br />

passionate about in terms of the positive<br />

social, economic and environmental<br />

impact that it can have on the lives of<br />

South Africans.<br />

16 | www.opportunityonline.co.za

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