SA: Gwede Mantashe, Address by Mineral and Energy Minister, during his 2019/20 budget vote speech, Parliament (10/07/19)

10th July 2019

SA: Gwede Mantashe, Address by Mineral and Energy Minister, during his 2019/20 budget vote speech, Parliament (10/07/19)

Mineral resources and Energy Minister, Gwede Mantashe

Speaker of the National Assembly
Deputy Minister of the Department of Mineral Resources and Energy, Cde Bavelile
Hlongwa
Chairperson and Members of the Portfolio Committee on Mineral Resources and
Energy
Honourable Members
Invited guests
Ladies and gentlemen

Introduction

The Department of Mineral Resources and Energy, although merged into one department, will present two separate budgets. Today we table Budget Vote 29 for
Mineral Resources. Tomorrow we will present the energy budget.

Two billion Rands has been allocated to Mineral Resources for the 2019/2020 financial year; of which 52% goes to entities in our portfolio. This demands of the Department to be more efficient, especially in these tough economic times.

We must, nonetheless, give practical expression to and execution of the electoral mandate to grow South Africa. We must do so in line with the seven priorities outlined by the President in his State of the Nation Address.

Full Speech Attached