Mining Indaba: Mining done right should benefit local communities.

Loading player...
GUEST - Kgosi Leruo Molotlegi – Royal Bafokeng Nation King.

On the sidelines of the mining indaba, KayaBiz caught up with His Majesty, the King of the Royal Bafokeng Nation, to explore how his people have successfully built a future beyond mining. With only 4% of the community directly dependent on mining, the Bafokeng have developed a long-term vision that ensures sustainability, resilience, and prosperity for generations to come.

We discuss the importance of diversification, the strategic structures put in place to safeguard the community’s future, and why similar success stories remain rare in other mining communities. Despite the King’s openness to sharing insights and offering counsel, why has it been so difficult to replicate Phokeng’s model elsewhere?
5 Feb 2025 3PM English South Africa Business News · Investing

Other recent episodes

What SA Retail Spending Trends Reveal About Consumers

Consumer panel expert Lané Klopper from NIQ South Africa unpacked how South Africans spent R683 billion on FMCG goods in 2025, with growth in traditional trade and smaller basket shopping reflecting financial pressure.
5 Mar 2PM 12 min

MultiChoice to Shut Down Showmax

MultiChoice has announced it will close Showmax after years of heavy investment and mounting losses. Business writer Mudiwa Gavaza explained the move reflects challenges in Africa’s streaming economics, rising content costs and strategic shifts under new ownership. MultiChoice to Shut Down Showmax: MultiChoice has announced it will close Showmax after…
5 Mar 2PM 26 min

FirstRand Posts Strong Results Amid Tough Economy

FirstRand delivered an 11% rise in normalised earnings to R23.2 billion for the six months to December 2025. CEO Mary Vilakazi said the performance was driven by solid momentum across FNB, RMB and WesBank, with diversified growth supporting returns.
5 Mar 2PM 13 min