Will South Africa nationalise its mines? - The Guardian
Jul 30, 2010· It is little surprise that the issues of nationalisation of South Africa's mines and how to accelerate land reform are expected to be contentious discussion points during the ruling ANC's national .
Mar 10, 2010· For a long time the concept of nationalisation of industries such as South Africa’s mining sector was seen as too silly to be mentioned seriously, but such has been the persistence in promoting this idea in certain quarters that are perceived to be politically influential that it has become a topic of discussion
No Nationalisation of Mines – Zambia’s mine minister ,
Dec 02, 2011· Zambia’s newly appointed mines minister Wylbur Simuusa spoke to The Africa Report about mining taxation, safety standards in Chinese mines, and why Zambia is not planning mine nationalisation The Africa Report: You are leading an inspection of mining ,
Nationalizing South African mines: an enonomic assessment
Nationalization is high on the policy agenda in South Africa This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known features of the South African mining sector and economy A strong case against nationalization
SUMMARY Nationalisation of mineral rights in South Africa The Mineral and Petroleum Resources Development Act 28 of 2002 (MPRDA) deprived landowners of the ownership of unexplored mineral and petroleum products and proclaimed mineral and petroleum resources to be “the common heritage of all the people of South Africa” with the State as the custodian thereof
Nationalisation of Mines in South Africa - Cartoon
Oct 11, 2010· Nationalisation of Mines in South Africa October 11, 2010 By Wonkie 234 Comments While additional arrests of rhino poachers have been made in South Africa since the post last week, our poor cartoon rhino is still struggling to lobby Julius Malema for his support
What would it mean for South Africa to nationalise the mines?
Apr 20, 2012· Nationalisation to industrialise and create more jobs Nationalisation as a means to safeguard sovereignty Nationalisation as a means to accumulation path in the South African economy Nationalisation to transform South Africa's unequal spatial development pattern Disadvantages of the nationalisation of mines are as follows:
Keynote Address: Strategic implications for the platinum ,
The impact of South African mine nationalization on the PGM industry There is much speculation as to the kind of damage such a nationalization in South Africa could do to the global mining industry: the loss of the reserve base, in particular for PGMs, would cripple the market, sending metal prices sharply upwards and ultimately forcing end .
nationalisation of minning in south africa - latavernadelreit
Nationalisation of Mines in South Africa - Cartoon Nationalisation of Mines in South Africa October 11, 2010 By Wonkie 234 Comments While additional arrests of rhino poachers have been made in South Africa since the post last week, our poor cartoon rhino is ,
Nationalisation Of The Mines In South Africa Economics ,
South Africa is currently engaged in a heated debate on whether to nationalize the country’s mines, the outcome of which will greatly affect the future of the economy as well as the well being of millions of individuals Nationalization is “the act of taking assets into state ownership
The economy of South Africa is the second largest in Africa, after Nigeria It is one of most industrialized countries in Africa South Africa is an upper-middle-income economy by the World Bank – one of only four such countries in Africa (alongside Botswana, Gabon and Mauritius)
Nationalizing South African mines: an economic assessment
SYNOPSIS Nationalization is high on the policy agenda in South Africa This paper considers the case for nationalizing the local mining sector from an evidence-based perspective, which is derived from theoretical considerations and related to the known features of the South African mining ,
South Africa, nationalisation and Zambia | Terry Bell Writes
Aug 20, 2011· Produced for the Bulletin & Record (Zambia) Zambia — and different versions of the Zambian experience — has become a prime topic in South Africa’s increasingly strident debate about the possible nationalisation of the country’s mineral resources and, in particular, a range of older gold min
Win or Lose? Nationalisation of Mines and the Nonprofit ,
Apr 28, 2010· South Africa, under the African National Congress (ANC) led government, should consult the nonprofit sector when debating the nationalisation of min The claim that mining companies are not channeling enough resources to communities is unfounded Mining companies are investing millions of rands into communities through corporate social .
Nationalizing South African mines: an economic assessment Keywords: nationalization, South Africa, mining sector , in the South African economy, (ii) the fiscal risks or benefits of nationalization, (iii) the efficiency of the mining sector , But this model has some obvious limitations ,
Why SA needs nationalisation by EFF-led government ,
Oct 27, 2013· These people solely believe in the failed capitalist system that states that the markets should be the sole determinants of the direction of South Africa’s economy Nationalisation of mines, banks and strategic sectors of our economy as stated as one of the 7 non-negotiable pillars of the EFF remains more relevant now than ever before
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Nationalization of South Africa’s mines | Malema calls for ,
Currently, mining generates around 30% of South Africa’s export revenue, and is responsible for 500,000 direct jobs, clearly a dependency that cannot disappear overnight, as the ANC admitted Although it is unlikely that the government would undertake any action in the near future, investors have fretted at the thought of nationalization of .
NATIONALISATION IN The Reasons to Nationalise SOUTH ,
strategic industries are where nationalisation is focussed and downstream and side-stream development focussed The Beneficiation Strategy of South Africa was not informed by this form of classification of sectors but merely by availability of minerals in South Africa Oligopolistic industries are good targets for nationalisation
A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized The demand was predicated on fulfilling the vision of the Freedom Charter, which was adopted at Kliptown in 1955 as the ‘manifesto’ of the liberation struggle
Advantages and disadvantages of nationalising mines
Nationalisation would create panic among foreign investors South Africa has a history of state owned enterprises that haven’t been very successful, this would place more doubt in the mind of the foreign invertor The mining sector, after nationalisation, could take a very long time to boast a profit