South Africa: mining revenue, transparency and the EITI - SAIIA

This briefing by the South African Institute of International Affairs (SAIIA) examines South Africa's decision not to join the Extractive Industries Transparency Initiative (EITI) and suggests that the country could provide leadership in mining transparency by doing so or by implementing legislation similar to the US Dodd-Frank Act.

• South Africa has not joined the Extractive Industries Transparency Initiative (EITI), despite the initiative being launched in Johannesburg in 2002. The South African Department of Minerals and Energy has stated that the country does not need to join because it already possesses regulations that support good governance and transparency in the sector.
• The author argues that South Africa's refusal to join the EITI may undermine the initiative's value for other African nations. The document contrasts South Africa with Norway, which joined the EITI despite having advanced governance regulations to serve as an example and provide legitimacy to the process.
• The 2011 EITI conference highlighted the US Dodd-Frank Financial Reform Bill of 2010, specifically section 1504, which requires publicly-listed mining companies to disclose payments made to foreign governments. The briefing suggests South Africa should develop similar legislation to ensure its resource extraction companies contribute to transparency in other African countries.

APA

South African Institute of International Affairs (2011). South Africa: mining revenue, transparency and the EITI - SAIIA. https://saiia.org.za/research/south-africa-mining-revenue-transparency-and-the-eiti/

Chicago

South African Institute of International Affairs. South Africa: mining revenue, transparency and the EITI - SAIIA. 2011. https://saiia.org.za/research/south-africa-mining-revenue-transparency-and-the-eiti/.

Wikipedia

{{cite report |author=South African Institute of International Affairs |title=South Africa: mining revenue, transparency and the EITI - SAIIA |date=11 March 2011 |url=https://saiia.org.za/research/south-africa-mining-revenue-transparency-and-the-eiti/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{southafricaninstituteofinternationalaffairs2011south, author = {{South African Institute of International Affairs}}, title = {{South Africa: mining revenue, transparency and the EITI - SAIIA}}, institution = {South African Institute of International Affairs}, year = {2011}, month = mar, url = {https://saiia.org.za/research/south-africa-mining-revenue-transparency-and-the-eiti/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }