Chair, I withdraw what I've said. This kind of beneficiation at the top end of the market for the politically connected elite is what should be called enrichment fronting and not black empowerment. The target for black ownership is 26% by 2014. Why does the department enrich the elite structure in terms of individual ownership when we can increase this percentage to empower workers through employee stock ownership plans, Esops?
Growth in the mineral sector is encouraging. The export capacity for Saldanha Bay Harbour, which was increased from 47 million tons of iron ore to 60 million, is a step in the right direction with the new facilities.
The manganese mine development in the Kalahari Basin will enable the top three mines to deliver 6,6 million tons this year. The feasibility of this project is dependent on the rail capacity to Saldanha Bay and Port Elizabeth. Transnet has agreed to increase the capacity from the current 5 million tons to 12 million tons.