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BUDGET: Minerals Council welcomes boost in mining growth

# The Minerals Council South Africa has welcomed government’s focus on fiscal sustainability and structural reforms. It says faster action on electricity, water, rail and port infrastructure is critical to unlocking mining investment and economic growth. With a growth forecast at 1.2-percent this year, the council is urging the government to improve competitiveness, expand exploration incentives and address high fuel costs. It says mining remains vital to exports, tax revenue and employment.