@Liberty - Mining and People: The impact of mining on the South African economy and living standards

Although the mining sector no longer dominates the South African economy as it once did, mining accounts for a major proportion of the country’s earnings of foreign exchange.
Click here to sign up
Join the conversation
You are here: Home Reports & Publications @Liberty @Liberty - Mining and People: The impact of mining on the South African economy and living standards

@Liberty - Mining and People: The impact of mining on the South African economy and living standards

Although the mining sector no longer dominates the South African economy as it once did, mining accounts for a major proportion of the country’s earnings of foreign exchange.

The economies of four of the nine provinces and of several large towns are dominated by mining, as is the port of Richards Bay. Coal is the source of nine-tenths of South Africa’s electricity, with the result that every other sector of the economy is heavily dependent on coal mining. So are the more than 15 million households connected to the national electricity grid owned by Eskom.

IRR TV

The economies of four of the nine provinces and of several large towns are dominated by mining, as is the port of Richards Bay. Coal is the source of nine-tenths of South Africa’s electricity, with the result that every other sector of the economy is heavily dependent on coal mining. So are the more than 15 million households connected to the national electricity grid owned by Eskom.

Free Society Project