PAP envoy calls for African ownership in mining ventures

PAP envoy calls for African ownership in mining ventures

Story by Josephine Mugiyo, Diplomatic CorrespondentTHE Pan African Parliament (PAP) Ambassador for Inter-Africa Trade, Economic Development and Entrepreneurship, Her Excellency Bridgett Motsepe, has implored Africa to take ownership of her mineral resources to foster transformative development.Ambassador Motsepe, who is currently in Zimbabwe, paid a courtesy call on President Emmerson Mnangagwa at State House in Harare this Wednesday.With Africa endowed with vast mineral deposits, Ambassador Motsepe said her closed-door meeting with President Mnangagwa saw them discussing the need for Africa to take ownership of its resources.“Zimbabwe is the future where mining is concerned. You have minerals that are strategic.

I’m very happy to see the positive developments that are taking place in the country. Within the conference, we discussed the road we travelled, the economic liberation has to continue, and I spoke about the legislation we have in SA that every licence holder must have local people becoming shareholders,” she said.Ambassador Motsepe also stressed the importance of ensuring investors partner with locals in their mining ventures.“These are the things we spoke about, how do we make sure that when foreign direct investment comes, the ownership is in partnerships with locals.

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