nationalisation of mines in south africa

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South Africa mining nationalisation debate hurts ,

South Africa’s debate on the question of nationalising mines is discouraging investment, but the policy will be clear by mid-2012, an adviser to mines minister Susan Shabangu told reporters on the sidelines of a mining conference today “The matter will be put to bed by July next year when the ruling party holds its ,...

Sim Tshabalala: Why nationalising SA banks just won’t work

Jul 08, 2011· Sim Tshabalala: Why nationalising SA banks just won’t work , have been arguing for a while now that South Africa’s mines and banks should be nationalised , barrier to the nationalisation ....

Banking Association SA says nationalisation of banks is ,

Nov 07, 2017· JOHANNESBURG - Following the debate in parliament regarding the nationalisation of banks, the Banking Association South Africa (BASA) has come out and said that it ,...

South Africa's ANC rejects calls for nationalization of mines

Mar 12, 2017· JOHANNESBURG (Reuters) - South Africa's ruling African National Congress (ANC) has rejected calls from a rival political party to nationalize mines because it ,...

A debate that will persist - Nationalisation in South Africa

THE nationalisation of mines in South Africa is a costly, high-risk proposition that should be adopted only as a last resort, an independent panel of experts is reported to have concluded after a ....

Calls for nationalisation of mines gains momentum | OFM

Calls for the nationalisation of mines in South Africa, among others by the EFF and Cosatu, is gaining momentum following Impala Platinum mine’s plans to shed almost 13 000 jobs in the North West The national spokesperson of the Congress of South African Trade Unions (Cosatu), Sizwe Pamla ....

South Africa debates mine nationalisation - YouTube

Dec 18, 2012· South Africa's government says it has ruled out wholesale nationalisation of the mining industry President Jacob Zuma has promised there will be greater state intervention and possibly strategic ....

To Nationalize or Not? The Pros and Cons of South Africa ,

Nov 19, 2009· Recent calls by the African National Congress (ANC) Youth League to nationalize South Africa’s mining industry have resurrected a seemingly never-ending debate: to nationalize or not What implications would nationalization have on the global mining economy as a whole? Pros: Nationalization doesn't have to cut out the private sector completely...

Why we need to nationalise the mines - Julius Malema ,

Why we need to nationalise the mines - Julius Malema Julius Malema | , In opening the ANC YL Political School on the 1 st of July 2009, our call for the nationalisation of mines , and the extraction and production of these mineral resources in Mines thereof Why is it that South Africa should be criminalised for nationalising our mineral ....

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 ....

Nationalisation of banks debate leads to accusations of ,

Nationalisation of banks debate leads to accusations of racism , the EFF are non-negotiable and constitute the true future of South Africa We make this call fully aware that the financial ....

Nationalisation Of The Mines In South Africa Economics Essay

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 ,...

Calls for the nationalisation of South African mines

The African National Congress (ANC) Youth Leagues' call for the nationalisation of South African mines has ignited diversified debate locally and internationally ANC Youth League spokesperson ....

Political minefield - Mine nationalisation in South Africa

TO THE horror of liberals within South Africa's ruling African National Congress (ANC), the nationalisation of the country's mines is officially back on the party's agenda Pressed by worried ....

Analysis: What would happen to SA if mines were nationa,

Jun 23, 2011· Analysis: What would happen to SA if mines were nationalised? , (keep in mind that a lot of South Africa’s unemployment problem has to do with the fact that a ,...

Why nationalisation won't work | Fin24

Sep 28, 2012· He refers to an opinion piece - Nationalization and Mining: Lessons from Zambia - Daniel Limpitla wrote about a year ago, saying it is most relevant because "whilst the debate around nationalisation of the mining sector in South Africa is not front and centre of the conversation, it is always 'trending' beneath the surface"...

Nationalisation will be the key pawn in this year’s game ,

Nationalisation will be the key pawn in this year’s , South Africa’s banking sector has been under fire since the beginning of the year and the public scrutiny shows no signs of letting up ....

Banking Association SA says nationalisation of banks is ,

Nov 07, 2017· JOHANNESBURG - Following the debate in parliament regarding the nationalisation of banks, the Banking Association South Africa (BASA) has come out and said that it ,...

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...

Calls for the nationalisation of South African mines

The African National Congress (ANC) Youth Leagues' call for the nationalisation of South African mines has ignited diversified debate locally and internationally ANC Youth League spokesperson ....

Best of SACSIS: Nationalisation - SA's Mineral Resources ,

Feb 20, 2014· Talking about the nationalisation debate in relation to the mining industry in South Africa, BEE expert, Duma Gqubule, explains that the value of untapped mineral resources in South Africa is US$47 trillion Put differently, the value of these mineral resources is worth one million Rand per South African citizen The mistake our country made in relation to BEE was to set a target of 25% ,...

Nationalisation in South Africa: Which Way are We Going ,

Aug 10, 2010· Nationalisation in South Africa: Which Way are We Going? By Glenn Ashton 10 Aug 2010 A + A = A- , On the other hand the nationalisation of copper mines in Chile has evidently had benefits for both workers and fiscus, in what is essentially a soft form of nationalisation - a form of sweetheart public-private partnership - which was set in ....

Nationalisation of mineral rights in South Africa

Nationalisation of mineral rights in South Africa 129 and must be sanctioned for a public purpose or in the public interest13 In the case of expropriation, compensation must be paid to the person whose property is being expropriated, calculated according to principles of justice and equity specified in some detail in the Constitution14...

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 ....

The impact of the proposed nationalisation of South ,

The impact of the proposed nationalisation of South African mines on employment in the platinum sector ii Abstract Many forums have been recently organised in South Africa to discuss the level of State intervention in the minerals sector, the expropriation of private mining companies, and the transfer of mineral wealth to the people...

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 ....

Sim Tshabalala: Why nationalising SA banks just won’t work

Jul 08, 2011· Sim Tshabalala: Why nationalising SA banks just won’t work , have been arguing for a while now that South Africa’s mines and banks should be nationalised , barrier to the nationalisation ....

Nationalisation will be the key pawn in this year’s game ,

Nationalisation will be the key pawn in this year’s , South Africa’s banking sector has been under fire since the beginning of the year and the public scrutiny shows no signs of letting up ....

Kaunda announces nationalisation of Copper mines | South ,

Zambian President Kenneth Kaunda announces nationalisation of copper mining companies, key to Zambia's economy contributing over 50 percent of government revenue The nationalisation of Zambian copper mines was in line with an overall economic policy of nationalisation based on socialist principl This policy gave the Zambian government the powers to use revenues collected...

South Africa mine nationalization 'closest since end of ,

Aug 02, 2011· Businessweek quotes a confidential report prepared for South Africa's mining CEOs as saying South Africa’s ruling party is closer to some form of nationalization ,...