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New ANC president a positive for mining

“Business friendly” candidate Cyril Ramaphosa has been elected the new president of South Africa’s ruling ANC party, which will hopefully bode well for both the country’s economy and mining industry.

New ANC president a positive for mining New ANC president a positive for mining New ANC president a positive for mining New ANC president a positive for mining New ANC president a positive for mining

Business friendly: new ANC leader Cyril Ramphosa

Investec said in its daily note that, while the win was "a positive for South African business as a whole, and mining as a sector, it may still be too early to celebrate".

Many political...