Improved Education System in South Africa Needed to Take Advantage of Mineral Opportunities

In a presentation at the University of Pretoria, Xstrata CEO Mick Davis said that South Africa would need to shape up its education system and produce a large number of "high-class graduates" to be able to take advantage of the considerable opportunities arising in the country's mineral sector, Business Day reports.

President Jacob Zuma said during his state of the nation speech this month that the government had developed a beneficiation strategy that sought to provide economic opportunities in the minerals sector. But Mr Davis warned that only with the availability of "human capacity" would SA’s mining sector — in recent years characterised by underinvestment due to "destabilising rhetoric" — retake its place as a world leader.