State to revive community ownership trusts

Industry minister Mangaliso Ndlovu

GOVERNMENT is set to relaunch community ownership trusts to ensure local populations benefit directly from mining and rural industrialisation. The trusts were first introduced between 2011 and 2013 under the Indigenisation and Economic Empowerment Act as empowerment vehicles designed to enable communities to share in the benefits derived from the exploitation of natural resources in…

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