Nationalisation Of Minning In South Africa

The Mines Nationalization Conundrum In South Africa: …

The trajectory of Mines nationalization debate is currently high on the socio-economic and political discourse in South Africa. This paper within the context of qualitative analytical methodology explores the dynamics of the nationalization conundrum in the South African country. In the use of this methodology and the review of related literature, the paper …

(PDF) Nationalization is a Direct Enemy to

In: Nationalising the mines in South Africa: prospects, challenges and lessons from the SADC region. The perspective from a key roleplayer in the sector in Nationalising the Mines Jan 2010

A debate that will persist

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 ...

South Africa's Jacob Zuma on mines, land and …

2 July 2012. President Zuma says nationalisation of South Africa's mines has not been introduced as a policy. By Milton Nkosi. BBC News, Johannesburg. President Jacob Zuma has for the first time ...

Nationalisation of mineral rights in South Africa

12 S 25 (1) SA Const. and must be sanctioned for a public purpose or in the public interest.13 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 Constitution.14.

The impact of the proposed nationalisation of South African mines …

Semi-structured interviews were conducted with 13 senior managers and executives from the platinum mining industry.The results have shown that nationalisation of platinum mines, where the government has total ownership or majority control of the company, will not create sustainable employment in South Africa. In addition, nationalisation of ...

How Mandela Shifted Views on Freedom of Markets

When Mr. Mandela was released from prison in 1990, he told his followers in the African National Congress that he believed in the nationalization of South Africa's main businesses. "The nationalization of the mines, banks and monopoly industries is the policy of the A.N.C., and a change or modification of our views in this regard is ...

South Africa's mines 'will never be nationalised'

South Africa's governing African National Congress has totally ruled out nationalisation of the mines, Deputy President Kgalema Motlanthe says. "It is not going to happen," he told the BBC - while ...

MITIGATING SOCIO-ECONOMIC CONSIDERATIONS OF …

provoke the South African mining industry to tackle the real issue of the lack of equitable wealth redistribution in the resource sector head on. The introduction of the idea of the nationalisation of mines in South Africa is an idea, which aims to deal with equitable wealth redistribution through the revenue rents derived from the nationalised

Background of the Economic Freedom Fighters

Expropriation of South Africa's land without compensation for equal redistribution in use. Nationalisation of mines, banks, and other strategic sectors of the economy, without compensation. Building state and government capacity, which will lead to The abolishment of tenders. Free quality education, healthcare, houses, and sanitation.

Natural resources, nationalism, and nationalization

The trajectory of Mines nationalization debate is currently high on the socio-economic and political discourse in South Africa. This paper within the context of qualitative analytical methodology explores the dynamics of the nationalization conundrum in …

Why we need to nationalise the mines

Racial oppression in South Africa is a direct consequence of colonialists' control of South Africa's mineral resources, and we have a responsibility to reverse such phenomenon. During the 2009 State of the Nation address, President Jacob Zuma said: "The creation of decent work will be at the centre of our economic policies and will influence ...

Malema: Nationalisation of mines going to happen

The nationalisation of mines in South Africa is going to happen, ANC Youth League president Julius Malema said on Friday. "We seek to implement the ANC's Freedom Charter and it says that mineral ...

Natural resources, nationalism, and nationalization

MINERAL ECONOMICS. Natural resources, nationalism, and nationalization. M. Kahn. Centre for Research and Evaluation on Science and Technology, Stellenbosch University, Matieland. SYNOPSIS. This paper traces the rise of South Africa's mining industry in the context of the different state forms that oversaw its development.

Nationalisation and the perceived consequences for a …

The concept of Nationalisation. Coetzee (2010:5) describes nationalisation as the act of taking an industry or assets into the public ownership of a national government or state. It refers to the transfer of ownership from the private to the public. Nationalisation is not a state owned enterprise or a public entity.

Keynote Address: Strategic implications for the platinum …

South Africa is highly dependent on minerals; since the 19th century its economy has been based on their export. Nationalization could greatly affect this. The mining industry acts as stimulus for the development of other branches of economy. PGMs—leading South Africa export earner: 35% of exports.

Nationalisation and Indigenisation in Africa | The Journal of …

Nationalisation and Indigenisation in Africa - Volume 14 Issue 3. Last updated 27/06/24: Online ordering is currently unavailable due to technical issues. ... In the last decade the states of black Africa have taken over a score of large industries owned by multi-national corporations and thousands of small enterprises owned by non-African ...

South African polls: ANC is weaker, opposition fragmented

The EFF led by Mr Julius Malema also advocates for the nationalisation of mines, banks, and other key sectors of the economy, arguing that this would allow the country's wealth to benefit the majority of the population. ... While the DA is in control in the Western Cape province, the ANC governs the remaining eight provinces in South Africa ...

The impact of the proposed nationalisation of South African mines …

Semi-structured interviews were conducted with 13 senior managers and executives from the platinum mining industry.The results have shown that nationalisation of platinum mines, where the government has total ownership or majority control of the company, will not create sustainable employment in South Africa. In addition, …

South Africa Mining Sector Holds Breath on Nationalisation

South Africa's mining industry at a glance. COAL: Ranks sixth globally, producing 212 million tonnes – approximately 4% of world output. (Note: All figures in this list are for 2022.) CHROME: First globally (167,000 tonnes, 44% of world total). IRON ORE: Seventh worldwide; annual production of 170mn tonnes – 6% of global output.

Nationalisation of mines in SA will not work: FF+

Freedom Front Plus (FF+) North West leader Michael Groenewald says the nationalisation of mines in South Africa will not work at all due to rampant corruption. Groenewald was a panellist during an elections debate on the SABC's Elections 360 programme held at Brits in North West last night.

Nationalization as an economic tool

Within a context of political posturing and intimidation it can become difficult for fruitful discussion to emerge and real debate can be stifled. The nationalisation of mines in South Africa is a discussion that has been debated in such an environment. The aim of this dissertation is to cut through the political posturing and get to the fundamental question …

Critical Mineral Geopolitics: Latin America's untapped potential

In fact, seven of the world's ten most prolific copper mines are found in Latin America, with mines in Peru, Mexico and Panama joining Chile's quartet. Together, Chile, Peru and Mexico control 36.4% of the world's copper reserves – and account for 40.8% of the highly-conductive metal's global production.