Madam Speaker, the MPRDA has set a basis for transformation and in particular BEE, but has definitely had a negative impact on investment, particularly international investment. The MPRDA Amending Bill, which has not yet been passed by Parliament but by the portfolio committee, in our view, definitely does not achieve the objectives of the Bill as identified by the hon Minister at the Mining Indaba earlier this year.
Now, there is a newspaper article in Business Day which basically says that South Africa is still not reaping the full rewards of booming prices for gold and other key commodities. Is the Minister of the view that the MPRDA Amending Bill addresses the important long-term objectives of the Act with regard to investment in the mining sector? We are of the view that there are major problems in that regard, Madam Minister. Thank you.