Mine investment to resuscitate N West economy

• Published date: 19 May 2022
• Publication title: South African Official News

North West Premier, Kaobitsa Bushy Maape, says the R9.4 billion investment by Sedibelo Platinum Mine in its operations at Pilanesberg Platinum Mine is a vote of confidence in the North West province.

Pilanesberg Platinum Mine is situated near Moruleng in Moses Kotane Local Municipality.

The province has experienced enormous economic shocks as a result of the COVID-19 pandemic, resulting in a decline of 7.6% in the provincial GDP in 2020.

Maape said this investment is a step in the right direction in resuscitating the economy.

"The unemployment rate stands at 33% in the province. As government, we need to do everything in power to take these numbers down. We are engaging different stakeholders, in particular the private sector, to work hand in glove with us to address the challenges of unemployment and poverty confronting our province.

'These engagements are yielding the desired results," said Maape.

The management of the mine says that over the next five years, up to 3 000 jobs will be created by...