A REGIONAL OVERVIEW OF
NORTH WEST PROVINCE The North West has massive mineral resources. Credit: Implats
Global prices are supporting rising production for miners and farmers but governance issues at local level need to be addressed. By John Young
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that had previously been shelved. This also helped to ameliorate the effects of the global pandemic in terms of job losses in the North West. The other sector in good shape – and in which the North West excels for variety and quality – is agriculture. The grain sector, one of the province’s strongest, experienced an unusual bonanza of nearrecord harvests and good prices on the international market. The good prices are driven by drought in other parts of the world and increasing demand from China. Logistical challenges, not all of which were
here was good news for South African taxpayers in the first half of 2021: expected income tax increases did not materialise. This was because the mining industry, many of whose key players have operations in the North West, delivered R99.6billion more than expected to National Treasury. With many global prices for commodities rising to record levels in 2020 and 2021, mining companies were able to pay down debt, reward shareholders and dust off feasibility studies for expansion projects NORTH WEST BUSINESS 2021/22
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