Business Maverick


Richards Bay Minerals GM shot dead in latest violent incident to hit operations

Richards Bay Minerals GM shot dead in latest violent incident to hit operations
Nico Swart, the general manager for Richards Bay Minerals.

Nico Swart, the general manager for Richards Bay Minerals (RBM), was shot dead on Monday morning, according to numerous media reports. RBM is controlled by Australian mining giant Rio Tinto, which halted work on a planned $463-million extension to RBM two years ago in the face of violence and protests.

Swart was reportedly shot dead while driving to work shortly before 7am, according to a local newspaper, the Zululand Observer. It reported police had confirmed the incident and that more than 20 high-calibre bullets had been fired into his vehicle. The attack has all the hallmarks of a planned hit. Read here

Rio Tinto did not immediately respond to requests for comment, but MiningMX, a news site focused on the industry, quoted the company as saying: “The circumstances of the shooting are unknown at this stage and the incident is being investigated by the South African Police Services (SAPS).” 

RBM mostly produces titanium dioxide slag, used in the production of a range of industrial items from paint to toothpaste. Rio Tinto halted work on a $463-million project at RMB in 2019 because of community protests. The company told Bloomberg in April it did not know when work would resume because of security issues. Read here.

A significant investment is being held up because of the social unrest that so often rocks South Africa’s mining industry. Much of it is rooted in the poverty and exploitation that defined the sector during the apartheid years, but more recent causes include conflict within or between communities over access to jobs and the wider spoils. 

Swart’s murder comes more than two months after Wels Sempe, a director and union leader at the Blyvoor mine west of Johannesburg, was shot dead – an event that triggered several weeks of protests forcing the temporary closure of the mine, which had been rebuilt after union violence shut it down almost a decade ago. Read here

Given that Swart’s murder will appear on the radar screen in the boardroom of a massive foreign investor, it comes as no surprise that there has been an immediate political response to it.

“A crime of this nature not only robs the country of good men and women, but also threatens much-needed foreign direct investment in the economy,” said Sahlulele Luzipo, chairperson of Parliament’s portfolio committee on mineral resources and energy, in a statement. 

The Inkatha Freedom Party said in a statement that criminal elements appeared to be targeting the RBM operation.  

“We are concerned about what appears to be a growing disturbing culture of violent and criminal activities being orchestrated to eliminate and intimidate leadership of RBM. 

“It is clear that there is a motive to render RBM ungovernable by eliminating management so that criminals can rise to power and do as they please,” the IFP said. DM/BM


Comments - Please in order to comment.

  • Tony Reilly says:

    All due to zero police intelligence – literally and figuratively 😒

  • Rosemary Mocke says:

    Just one more tragic incident in this lawless society.

  • Carsten Rasch says:

    Extreme capitalism lesson 1: how to create opportunities where none exist.

  • Jane Crankshaw says:

    The “ Construction Mafia” are alive and well and continue to flourish under the watchful eyes of the police & the EFF. Where has the rule of law gone? Carry on this way and there will be ZERO new investment from the free world…a sad day …. our thoughts are with Mr Swartz family at this time.

  • Denny Moffatt says:

    Tragic. And the savage removal of a competent Industrialist. Richards Bay’s economy is extensively based on FDI. Why invest there? As someone who marketed the area and its many benefits, I am appalled. Worst is that the poor will suffer. ANC … wake up.

  • Johan Buys says:

    what did the killers hope this will achieve? Rio will obviously now develop the project AND give the gangsters 75% equity, board memberships, etc. Or, the entire operation will dissolve and the gangsters can scavenge all that lovely steel and copper and pumps and sinkplaat

  • Craig King says:

    It seems obvious that the local communities choose poverty over development. It is, of course, an initially eco-friendly choice in some ways but the ensuing poverty always ends with environmental degradation and a miserable populace.

    • Rod H MacLeod says:

      This murder is not about stopping the Australians from mining our ecologically threatened areas, it’s about which local gangsters get the BEE spoils, not the local communities.

  • Jane Crankshaw says:

    Unfortunately African Attitude just doesn’t get it. The ANC know how to use a house but doesn’t know how to build or maintain it. It’s going to take a long time for first world lessons to be adopted – a few fancy lifestyle ads on DSTV, flashy cars and Instagram selfies just don’t cut it!

  • Andre Toit says:

    The ANC and some are the greatest absorbers of wealth and the least creators of it.

Please peer review 3 community comments before your comment can be posted


This article is free to read.

Sign up for free or sign in to continue reading.

Unlike our competitors, we don’t force you to pay to read the news but we do need your email address to make your experience better.

Nearly there! Create a password to finish signing up with us:

Please enter your password or get a sign in link if you’ve forgotten

Open Sesame! Thanks for signing up.

Daily Maverick Elections Toolbox

Download the Daily Maverick Elections Toolbox.

+ Your election day questions answered
+ What's different this election
+ Test yourself! Take the quiz