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New rules governing black ownership of South Africa’s mining industry will be completed “very soon”, President Cyril Ramaphosa said at a Japan-Africa trade forum in Johannesburg.

“The mining charter will be finalised very soon and we have set a deadline,” Ramaphosa said, without giving details of the timing.

Africa’s most-industrialised country will try to remove “blockages” to investment in a bid to attract as much as $100 billion over the next five years, he said.

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