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The Northern Cape Provincial Government Welcomes the R7 Bilion Investment by Vedanta Zinc International
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The Premier of the Northern Cape, Dr. Zamani Saul, on behalf of the Northern Cape Provincial Government welcomes the R7 billion investment by Vedanta Zinc International (VZI) into the Gamsberg Phase 2 project. This investment forms part of the second phase of the R21 Billion commitment pledged by VZI at the Inaugural Investment Conference held in 2019, in Gauteng.
This investment bodes well for the reduction of poverty and unemployment in the province and will positively contribute towards us realising our vision of a Modern, Growing and Successful province.
The Gamsberg Phase 2 expansion project will double the mine and plant capacity from 4Mt to 8Mt. This will make VZI and South Africa the largest zinc producer in Africa. The project will also bring significant Socio-economic benefits to the Northern Cape including 2000-2500 jobs during construction and 800 -1000 permanent jobs upon completion of the project. This is in addition to the 2700 people already employed at the mine.
The investment will significantly benefit the local community and enhance supplier and enterprise development.
The project will also form part of the Namakwa Special Economic Zone (SEZ) and will contribute towards secondary industries and downstream beneficiation. Vedanta is also committed to produce green zinc from this expansion to make our province emission free.
The VZI investment and others announced in our State of the Province Address earlier this year demonstrates that the Province is a safe and reliable investment destination and as Government we will support all initiatives geared at economic growth and development in our province.
Working together with our socio-economic partners we will build a Modern, Growing and Successful province. The Northern Cape is open to investments.
Media Enquiries
Ms Bronwyn Thomas-Abrahams
Spokesperson to the Premier
Issued by the Office of the Premier
30 March 2022
The Northern Cape recorded the largest drop in unemployment in South Africa, with the official unemployment rate dropping from 30,4% to 27,4% in the Quarter 4:2024 alongside significant job gains in key sectors such as agriculture and finance.
The Teemaneng Running Club today hosted a successful third edition of the PHakamile Mabija Human Rights Half Marathon, this in honor of the anti-Apartheid activist, Phakamile Mabija who was born in Kimberley. Annually the race attracts athletes from across the country, contributing to the economy of the city.
The meeting had at its core the continuation and strengthening of the partnership between the Provincial Government and the University. A solid foundation of mutual respect and cooperation was laid by Professor Balim, the former Vice Chancellor who retired at the end of the 2019 academic year. The collective also resolved to ensure a safe environment for learning and teaching is created amid the COVID19 pandemic, should the academic year resume.
The two day visit to the Province,concluded with a community engagement in the Tsineng village, which included community members from the surrounding villages, small farmers and representatives from the mining community. The aim of this engagement was to strengthen partnerships in ensuring access to water for all.