South Africa's Mines Minister Replaced In Surprise Move

Finance and Trade
24/09/2015 08:24

South Africa’s mines minister Ngoako Ramatlhodi, a well-know figure in the global diamond industry, has been moved to a different ministry by President Jacob Zuma, a step that has surprised the mining industry and union officials. The move also comes at a time likely large job cuts by mining companies due to the ongoing fall in commodity prices. Ramatlhodi, who was moved to the public service and administration ministry and is being substituted by Mosebenzi Joseph Zwane, a former official of the Free State provincial government, is considered to be the leading force in ending a five-month strike in the country’s platinum sector last year, Mining.com reported.

“We feel very strongly that the president should have maybe waited and seen Ramatlhodi pulling through to 2016," Association of Mineworkers and Construction Union’s President, Joseph Mathunjwa, said in an interview with local radio station Talk 702.