South African government pressures mining firms to use local suppliers
Published: Wednesday, 30 July 2014
The attempt of the South African government to push mining industries to buy technology and services from local suppliers shows the intention of the country to take more profits from foreign companies, which, in turn, criticise the government’s weak leadership in addressing social tensions.
By Allan Bariyo
The South African government is applying pressure to mining
companies working in South Africa to begin to use more
technology and logistics services from local suppliers.
According to the Department of Trade and Industry, foreign
companies have been increasingly bypassing the local mining and
transport equipment industry, despite...