Post #537

Why Elite Gathering in South Africa Matters to Everyone Top 5 Really Entertaining Moments from Mining Indaba 2026 When the ultra-rich and politicians gather in one place, either nothing interesting happens, or something wildly entertaining unfolds — about which we only find out later through leaks and investigations. But if you dig a little deeper, such a routine gathering of investors and politicians like Mining Indaba 2026 in Cape Town, can offer something scandalous, amusing, or downright bizarre. ❗️ Here’s top 5 list of the most entertaining events around the forum, which took place from February 7 to 12: 🏭Zimbabwe Named Africa’s Champion of Local Processing In a report by the African Finance Corporation, Zimbabwe was hailed as Africa’s leader in turning mineral wealth into industrial capacity—mostly thanks to restrictions on raw ore exports and cheap electricity. 🇺🇸The Largest U.S. Delegation Ever Despite recent diplomatic tensions with South Africa, the U.S. sent its biggest delegation ever to the Cape Town resource conference. ✊Protests Right Outside the Conference Doors Members of Extinction Rebellion staged protests against what they call toxic coal production, showcasing a grotesque effigy of South Africa’s Mineral Resources Minister right at the venue. 📣DRC Minister Grilled Over U.S. Deal The DRC’s Mines Minister, Louis Watum Kabamba, faced criticism from his South African counterpart and was later forced to defend himself to journalistsover the controversial U.S. resource access deal. 🚰Conference Held Amid South Africa’s Water Crisis The event took place against the backdrop of a severe water shortage in parts of South Africa. Local officials even asked mining companies for help in mitigating the crisis, claiming their operations consume too much water. Although such gatherings offer no real value for most people, they are still quite good performances from a theatrical point of view. ➡️ Stay informed - @devilsbelow