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Business · South Africa

South Africa Missing Out on Tech Minerals Economic Growth

TechCentral · 2026/01/22

Summary

South Africa has many important minerals that are used in modern technology, such as those needed for batteries and electronics. Despite having these valuable resources, the country is not making the most of them. This means that South Africa is missing out on a big chance to grow its economy and create more jobs in the tech minerals sector. Other countries that have similar minerals are already benefiting from the global tech boom by attracting investment and expanding their mining industries. South Africa faces challenges like limited investment, policy uncertainties, and outdated mining practices, which hold back the full development of these minerals. Improving how these minerals are explored and processed can help South Africa take advantage of the growing global demand for tech minerals and boost its standing in the tech supply chain.

OnABudget takeaway: For consumers and small business owners, better use of South Africa's tech minerals could lead to more local jobs and lower costs for tech products. Investors might find new opportunities as the country develops this sector further.

Read the original article on TechCentral