nationalisation of mines in south africa

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nationalisation of mines in south africa

Nationalising South African mines Department of Economics

Sep 7, 2011 . Nationalisation is high on the policy agenda in South Africa. This paper considers the case for nationalising the local mining sector from an evidence based perspective. The relevant evidence is derived from theoretical considerations and related to the known features of the South African mining sector and.

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South Africa mine nationalization 'closest since end of apartheid .

Aug 2, 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 than at any other time since the end of apartheid. A government takeover of mines could choke investments in a country with metal and mineral.

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Debate on Nationalising the Mines in South Africa

Feb 6, 2010 . 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.

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South Africa 'will not nationalise mines' Brand South Africa

7 February 2012. South Africa will not nationalise its mines, Mineral Resources Minister Susan Shabangu said at the Investing in African Mining Indaba in Cape Town on Tuesday, welcoming the report of an African National Congress (ANC) task team that reaffirmed that nationalisation was not a viable policy for the.

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Nationalisation Debate: South Africa's Mineral Resources . YouTube

Feb 20, 2014 . Talking about the nationalisation debate in South Africa in relation to the mining sector, black economic empowerment (BEE) expert Duma Gqubule explains that the value of untapped mineral resources in South Africa's is US$4.7 trillion. Put differently, the value of these mineral resources is worth one.

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Mine nationalisation will be disastrous for South Africa's economy

Sep 10, 2010 . KwaZulu Natal Treasury economist Clive Coetzee has waded into the debate on mine nationalisation, warning that such a move would result in the collapse of South Africa's economy. In his assessment of the African National Congress Youth League's (ANCYL's) proposal for the nationalisation of mines,.

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Nationalisation in South Africa The Economist

Dec 3, 2011 . 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 year long study of the policy in 14 countries. That verdict has not, however, ended a long running and divisive.

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OpInIOn . Nationalisation of mines Transformation Audit

the South African economy, which is made possible by high global demand for these commodities. The effect of this has been to stifle the growth of downstream manufacturing, which. India has successfully managed through its extensively nationalised mining sector. In its national mineral policy, India states that 'the strategy.

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Nationalisation in South Africa The Economist

Dec 3, 2011 . 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 year long study of the policy in 14 countries. That verdict has not, however, ended a long running and divisive.

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Why nationalisation won't work . Fin24

Sep 28, 2012 . Fin24 blogger Sashan paints a vivid picture of the economic consequences that would follow nationalisation of SA's mines.

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Should South Africa nationalise its mining industry? . News24

Apr 28, 2014 . The nationalisation of natural resources has always been a muddy area for any nation's economic and political waters; mostly because it lacks the clarity of certainty. This area may be considered a pivotal factor for any nation's economic future, political landscape, and its relations with neighbouring, allied,.

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Mine Nationalization KZN Top Business

THE PROPOSED NATIONALIZATION OF MINES IN SOUTH. AFRICA A CRITICAL ASSESSMENT. 1. Clive Coetzee. General Manager: IGR Unit. Economist [email protected] 033 8974538. The Brazilian state has assumed the role of an entrepreneur not for ideological reasons, but as a pragmatic means.

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Analysis: What would happen to SA if mines were nationalised .

Jun 23, 2011 . Nothing good, the experts say. That's the short answer. The long one is a little more nuanced than that, but it still spells doom for the country should the ANC Youth League have its way with the economy. By SIPHO HLONGWANE. After Julius Malema and the ANC Youth League's renewed assurance that.

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Nationalising South African mines Department of Economics

Sep 7, 2011 . Nationalisation is high on the policy agenda in South Africa. This paper considers the case for nationalising the local mining sector from an evidence based perspective. The relevant evidence is derived from theoretical considerations and related to the known features of the South African mining sector and.

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Nationalisation will be the key pawn in this year's game of politics .

Feb 21, 2017 . In his 2017 State of the nation address (Sona), president Jacob Zuma called on the citizens of South Africa to unite in driving radical economic transformation for the . Former president Nelson Mandela once confirmed the ANC's commitment to the nationalisation of mines, banks and monopoly industries.

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Is the Nationalisation of the South African Mining Industry a Good .

Abstract. The proposal to nationalise the South African mining industry has provoked heated and often uninformed debate. Using cost and benefit analysis this article provides a theoretical as well as numerical assessment of nationalising the mining industry. Through the use of the market capitalization of South African.


Is the Nationalisation of the South African Mining Industry a Good .

Abstract. The proposal to nationalise the South African mining industry has provoked heated and often uninformed debate. Using cost and benefit analysis this article provides a theoretical as well as numerical assessment of nationalising the mining industry. Through the use of the market capitalization of South African.

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Analysis: What would happen to SA if mines were nationalised .

Jun 23, 2011 . Nothing good, the experts say. That's the short answer. The long one is a little more nuanced than that, but it still spells doom for the country should the ANC Youth League have its way with the economy. By SIPHO HLONGWANE. After Julius Malema and the ANC Youth League's renewed assurance that.


Nationalizing South African mines: an economic assessment

MINERAL ECONOMICS. Nationalizing South African mines: an economic assessment. S. du PlessisI, II. IDepartment of Economics, University of Stellenbosch IIAn earlier version of this paper was presented as the Presidential address at the biennial conference of the Economic Society of South Africa, 5 7 September 2011,.

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

Nov 19, 2009 . Nationalizing the mines could, in the short term, make South Africans better off on the whole. If ownership of the mines is turned over to the state, future profits and current assets of the industry could be used towards creating news jobs, and providing more state services for the betterment of the South.

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Debate on Nationalising the Mines in South Africa

Feb 6, 2010 . 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.

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Why SA needs nationalisation by EFF led government Economic .

Oct 27, 2013 . By Cameron Modisane, 27 October 2013. In Kliptown in 1956 the Freedom Charter was drafted and accepted. The Freedom Charter was clear on the demand that the mines, the banks, big business and the land should become the property of the people. On 28 31 May 1992, at a four day gathering in.

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Nationalising South African mines: Back to a prosperous future, or .

Downloadable! Nationalisation is high on the policy agenda in South Africa. This paper considers the case for nationalising the local mining sector from an evidence based perspective. The relevant evidence is derived from theoretical considerations and related to the known features of the South African mining sector and.

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num perspective nationalization of mines, state mining company .

The mineral wealth beneath the soil is the national heritage of all South Africans, including future generations. As a diminishing resource it should be used with due regard to socio economic needs and environmental conservation. The ANC will, in consultation with unions and employers, introduce a mining strategy which.

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Mine nationalisation will be disastrous for South Africa's economy

Sep 10, 2010 . KwaZulu Natal Treasury economist Clive Coetzee has waded into the debate on mine nationalisation, warning that such a move would result in the collapse of South Africa's economy. In his assessment of the African National Congress Youth League's (ANCYL's) proposal for the nationalisation of mines,.

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Should South Africa nationalise its mining industry? . News24

Apr 28, 2014 . The nationalisation of natural resources has always been a muddy area for any nation's economic and political waters; mostly because it lacks the clarity of certainty. This area may be considered a pivotal factor for any nation's economic future, political landscape, and its relations with neighbouring, allied,.

Contact US

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

Nov 19, 2009 . Nationalizing the mines could, in the short term, make South Africans better off on the whole. If ownership of the mines is turned over to the state, future profits and current assets of the industry could be used towards creating news jobs, and providing more state services for the betterment of the South.

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Is South Africa nationalizing its mining industry? . Public Radio .

Jun 30, 2012 . Foreign investors are getting nervous as South Africa's government debates taking from the rich and giving to the poor.

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Nationalizing South African mines: an economic assessment

MINERAL ECONOMICS. Nationalizing South African mines: an economic assessment. S. du PlessisI, II. IDepartment of Economics, University of Stellenbosch IIAn earlier version of this paper was presented as the Presidential address at the biennial conference of the Economic Society of South Africa, 5 7 September 2011,.

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South Africa 'will not nationalise mines' Brand South Africa

7 February 2012. South Africa will not nationalise its mines, Mineral Resources Minister Susan Shabangu said at the Investing in African Mining Indaba in Cape Town on Tuesday, welcoming the report of an African National Congress (ANC) task team that reaffirmed that nationalisation was not a viable policy for the.

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