INDIGENOUS SHAREHOLDING TO BE SCRAPPED

Government is considering scrapping the remaining 51-49
percent shareholding threshold for platinum and diamond mining to allow investors
to own 100 percent of any business in the sector, Finance and Economic
Development Minister Professor Mthuli Ncu…

Government is considering scrapping the remaining 51-49 percent shareholding threshold for platinum and diamond mining to allow investors to own 100 percent of any business in the sector, Finance and Economic Development Minister Professor Mthuli Ncube has said. When the scrapping of the indigenisation and economic empowerment regulations was announced late 2017, Government had decided to