Limpopo Premier Phophi Ramathuba promised to remove administrative barriers that discourage investment at the provincial conference on Thursday. She instructed municipal officials to expedite permit approvals after investors complained about delays, following the 120 billion rand pledged last year. The government plans streamlined procedures for land permits and environmental reviews.
Ramathuba acknowledged the province lacks technical workers for its resource economy. Energy Minister Kgosientsho Ramokgopa noted Limpopo holds 72 percent of national platinum deposits but operates no mining academy. The premier aims to establish partnerships between colleges and companies to train 1,000 students annually in engineering and geology.
The conference presented 32 billion rand worth of projects in renewable energy and mineral processing. Unemployment reaches 35 percent across the province, despite a 2.5 percent economic growth rate in 2024. Officials estimate that new investments could create 100,000 positions over the next five years through expansion in manufacturing and agriculture.
Ramathuba acknowledged the province lacks technical workers for its resource economy. Energy Minister Kgosientsho Ramokgopa noted Limpopo holds 72 percent of national platinum deposits but operates no mining academy. The premier aims to establish partnerships between colleges and companies to train 1,000 students annually in engineering and geology.
The conference presented 32 billion rand worth of projects in renewable energy and mineral processing. Unemployment reaches 35 percent across the province, despite a 2.5 percent economic growth rate in 2024. Officials estimate that new investments could create 100,000 positions over the next five years through expansion in manufacturing and agriculture.
