Welcome to Kalagadi Manganese
Kalagadi Manganese (Pty) Ltd, a company that is held by ArcelorMittal (50%), Kalahari Resources (40%) and IDC (10%) has been involved in the exploration for Manganese in the Kalahari Basin. The three farms on which the company holds new order mining rights are believed to overly some 960 million tons of manganese ore. The recent exploration programme has identified 102 million tons of Mineral Resources.
8 Houses donated to the poor and elderly in the Northern Cape
23rd of July 2014 - In memory of her late husband Stan Nkosi, Daphne Mashile-Nkosi unveiled the 8 houses that she built for the poor and elderly in the local community. With powerful words of encouragement, she reiterated the founding principles of the ANC and the Freedom Charter. Calling for more to be done to alleviate the suffering of the people of South Africa.
South Africa, this year, celebrates the 20th year of democratic freedom. Though many battles have been won, the war is still ongoing. Daphne and the team of contractors involved in the construction of the mine, used their 67 minutes for Mandela Day, to assist in the building of these 8 houses. Contructed in an astonishing 10 days, these families now have... a home.
Private Sector for Development: How private investments have helped the mining sector growth
Today’s widely accepted thesis that the private sector is a key engine of economic growth stands in stark contrast to the model that most post-colonial African countries adopted during the early years of their independence. The model adopted by most of these countries at that time predicated the economic growth and development prospects of these countries on the public sector playing the central role.
However, these countries faced a number of challenges which became pronounced in the 1980s with the fall of commodity prices, leading to extended economic hardship. This necessitated new economic reforms which saw the scope of the public sector being significantly reduced and more emphasis being put on the role of the private sector for economic development.