nationalisation of mines in south africa

HOME > > PRODUCTS > > nationalisation of mines in south africa

To Nationalize or Not? The Pros and Cons of South …

The Pros and Cons of South Africa Nationalizing Its Mines. Author: Steven Clay. ... South Africa’s Mines Minister Susan Shabangu has emphasized the importance of foreign investment in South Africa, a significant part of which is vested in the mining industry. However, the debate rages on. ...

Get price

Nationalisation of mineral rights in South Africa

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.

Get price

Nationalisation of Mines in South Africa

Nationalisation of Mines in South Africa Octo 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.

Get price

Nationalisation of mineral rights in South Africa

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.

Get price

Nationalisation Debate: South Africa's Mineral …

20 · 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 ...

Get price

Mining and minerals in South Africa

With South Africa’s economy built on gold and diamond mining, the sector is an important foreign exchange earner, with gold accounting for more than one-third of exports. In 2009, the country’s diamond industry was the fourth largest in the world. South Africa is …

Get price

Out of Africa: ‘Nationalise the mines!’ Will the ANC do …

Julius Malema, the outspoken president of the Youth League of South Africa’s ruling African National Congress (ANC), may have been suspended from the party for five years, but the clamour for nationalisation of the country’s mines, with which he is most associated, is unlikely to die down.

Get price

South Africa: Nationalising of Local Mines

22 · Cape Town — Nationalising South Africa's mines will not solve the country's economic problems and its massive unemployment rate of 26%. That is …

Get price

Nationalisation of Mines in South Africa

16 · Nationalisation of Mines in South Africa; ... Mining Sector Economics 314 30 September 2011 Abstract The purpose of the essay sets out to look at the concept of nationalisation, research it and discuss whether it is an applicable strategy to implement into South African policy. The importance of the essay is to highlight the future economic ...

Get price

nationalising mines in south africa

feasibility of nationalising south african mines. SA Economy: Nationalising South Africa''s Mining Sector Economics 314 30 September 2011 Abstract The purpose of the essay sets out to look at the concept of nationalisation, research it and discuss whether it is an applicable strategy to implement into South African policy, Feasibility of ...

Get price

Home

25 · The Minerals Council South Africa established MOSH in 2003 to focus on the adoption of leading practices aimed at addressing health and safety concerns and accelerating the progress towards achieving Zero Harm. To experience our fresh new website, please visit www.mosh.co.za

Get price

Analysis: What would happen to SA if mines were …

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 huge chunk of people are just not ...

Get price

Nationalizing South African mines: an economic …

MINERAL ECONOMICS . Nationalizing South African mines: an economic assessment . S. du Plessis I, II. I Department of Economics, University of Stellenbosch II An earlier version of this paper was presented as the Presidential address at the biennial conference of the Economic Society of South Africa, 7 September 2011, Stellenbosch. I am grateful to Monique Reid for her valuable assistance in ...

Get price

Nationalization of South Africa’s mines | Malema calls …

13 · It seems difficult to write about South Africa without writing about its mines. The country’s rich mining reserves play a vital role in the country’s economy, and indeed its very consciousness. Now the raging debate in all of South Africa, after the hosting of what was undoubtedly a very successful soccer World Cup, revolves again on its mines.

Get price

The impact of the proposed nationalisation of South ...

9 · 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.

Get price

NATIONALISATION IN The Reasons to Nationalise SOUTH …

18 · 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.

Get price

Nationalisation will be the key pawn in this year’s …

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 ...

Get price

South Africa says no to mines nationalization – …

6 · South Africa says no to mines nationalization ... nationalisation is not a policy of the government or ANC,” Godfrey Oliphant, deputy minister for …

Get price

Why SA needs nationalisation by EFF-led government ...

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.

Get price

Nationalisation Of The Mines In South Africa …

5 · 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.

Get price

Mine nationalisation will be disastrous for South …

10 · Mine nationalisation will be disastrous for South Africa’s economy. ... (ANCYL’s) proposal for the nationalisation of mines, due to be discussed at the ANC’s national general council, at the ...

Get price

Will South Africa nationalise its mines? | Blessing …

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 ...

Get price

Debate on Nationalising the Mines in South Africa

6 · 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.

Get price

Nationalisation of Mines in South Africa | …

This highlights South Africa’s domestic investment-savings problem. For a country to grow, it has to invest a least 25% of its resources (Keeton, 2011). Should the State government decide to undertake at 50 percent control of the listed mines in South Africa, it would still take an amount of $135 billion.

Get price

POLITICS WINDOW: What would it mean for South …

17 · Firstly allow me to explore around the meaning of the nationalisation of mines this country, South Africa since this blog is aimed at informing and creating an on-going dialogue. When South Africa was involved in a whole lot of protests, campaigns and many other things that led this country to becoming what it is today the purpose was to have a ...

Get price

disadvantages of nationalisation of mines in south …

15 · South Africa: Why nationalising the mines is not the answer – Le …. This is especially true in light of his most recent talk-left walk-right statements concerning nationalisation of mines, …South Africa is one of the world’s most … »More detailed

Get price

Nationalisation of African Mines

23 · (www.abndigital.com) It is getting increasingly expensive to be a mining company in Africa as more and more nations sway towards nationalism, as a burning desire for control over natural resources ...

Get price

Nationalisation Debate: South Africa's Mineral …

20 · 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 ...

Get price

South Africa's mines 'will never be nationalised'

6 · South Africa's ruling ANC will never nationalise the mining sector – a policy backed by its expelled youth leader, the deputy president tells the BBC.

Get price

South Africa ‘will not nationalise mines’

24 · 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 country.

Get price