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In the spotlight

Government-Business Partnership Phase 3 Launch

Phase Three of the Government-Business Partnership marks the next stage of collaboration between the government and business to drive inclusive growth, create jobs and rebuild confidence in South Africa.

Building on progress achieved in energy and logistics, Phase Three focuses on implementation, investment, competitiveness and structural reform. As one of the country's most important economic sectors, mining has a critical role to play in delivering these priorities.

Watch the livestream to follow the launch and hear more about the partnership's priorities for South Africa.

MEDIA STATEMENT > PRESENTATION >

Resources

Media statement
Government and business launch Phase 3 of their partnership to accelerate growth above 3%, create jobs and unlock investment across key sectors.
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Presentation: Government-Business Partnership Phase 3 Launch
Explore the priorities shaping Phase 3 of the Government Business Partnership and its focus on growth, jobs and investment. Download the launch presentation.
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Op-ed: Seizing South Africa’s Once-in-a-Generation Opportunity
Mzila Mthenjane, CEO, Minerals Council South Africa

South Africa’s mining sector must be a national economic priority to unleash its inherent and powerful multiplier effects to make significant inroads into high levels of unemployment and contribute to industrialisation to maximise our latent mineral potential, driving transformation and social prosperity. This can be achieved through targeted incentives and reducing the cost of doing business.

Prospects for growth of the sector’s medium- to long-term profile of production are not immediately promising, which is disappointing and frustrating given the significant contribution it continues delivering to the fiscus and society despite the multiple constraints under which it has, and continues to, operate.

PDF

Sound bites

Minerals Council leaders detail how the Government-Business Partnership Phase 3 will boost competitiveness, drive growth, and secure the sector's rightful place.

Paul Dunne

Paul Dunne

President, Minerals Council South Africa

Mzila Mthenjane

Mzila Mthenjane

CEO, Minerals Council South Africa;
Government-Business Partnership FAL

Richard Stewart

Richard Stewart

Vice President, Minerals Council South Africa;
Government-Business Partnership CEO Sponsor

Why #MiningMatters

Mining sits at the heart of South Africa's economic future. A competitive, sustainable and growing mining industry can unlock investment, support industrialisation, strengthen exports and create jobs, while contributing to the inclusive growth and shared prosperity South Africa needs.

Snapshot 2025: Mining at a glance

Industry turnover Up R1.2 trillion (+7.5%) (2024: R1.08 trillion)
Direct GDP contribution4 Up R477.1 billion (+7.8%) (2024: R442.7 billion)
Percentage
contribution to GDP
Up 6.2% (2024: 6.0%)
Total primary sales Up R861.4 billion (+7.3%) (2024: R802.7 billion)
UpMineral exports R813.9 billion(+5.2%) (2024: R773.6 billion)
DownEmployment5 470,567(-0.6%) (2024: 473,484)
UpEmployee earnings R203.4 billion(+3.1%) (2024: R197.4 billion)
Implats – Impala Rustenburg
PAYE by mining employees* Up R37.0 billion (+2.5%) (2024: R36.1 billion)
VAT (payments)* Up R22.1 billion (+2.4%) (2024: R21.6 billion)
Company tax paid* Down R31.0 billion (-28.7%) (2024: R43.6 billion)
Royalties* Down R10.6 billion (-33.4%) (2024: R16 billion)
Kolomela - Kapstevel

4 Based on current market prices.
5 Full-year employment number for 2025.
* Tax data reported by SARS for the 2024/25 financial year.

TO SOUTH AFRICA

Mining for Mzansi, Mining for Growth.

From the minerals that power infrastructure, manufacturing and modern technologies to the exports that connect South Africa to global markets, mining supports economic activity far beyond the mine.

VIEW THE FACT SHEET >

#MiningMatters to South Africa
Kumba Iron Ore - Kolomela

TO EMPLOYEES

Our People, Our Strength.

Behind every mine are people who depend on a thriving sector. Mining provides employment, skills development and career opportunities, while supporting families, businesses and communities.

VIEW THE FACT SHEET >

#MiningMatters to Employees
Village Main Reef – Kopanang