South Africa mulls SOV, should not harm mining sector – minister

JOHANNESBURG, Oct 3 (Reuters) – South Africa’s mines minister said on Wednesday the government was considering a sovereign wealth fund but is looking for a way to fund it without harming the mining industry.

“Normally it is funded from the primary extractive sector but we must find a way of doing it without hurting the sector,” Minerals Resources Minister Gwede Mantashe told journalists on the sidelines of the Jo’burg Indaba mining conference.

(By Tanisha Heiberg; Editing by Ed Stoddard)

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