The appointment of mining stalwart Sipho Nkosi to cut red tape is crucial to encourage new investment and expand existing investment in South Africa, says Menar MD Vuslat Bayoglu, whose private investment company has about R1.5-billion worth of investment being delayed by regulatory processes. While Nkosi was appointed to reduce government red tape in general, Bayoglu believes that his background and skill would be better used in the mining regulatory space. (Also watch attached Creamer Media video.)