Nationalisation of South African mining 'still a threat'

South Africa's ruling African National Congress (ANC) party debated – and ruled out – the long-mooted nationalisation of its mining industry at the party's policy conference last week. However ...

Policy implications of the nationalisation of mines in South Africa …

Dissertation (MPhil)--University of Pretoria, 2018. dc.contributor.advisor: Mabugu, Margaret: dc.contributor.coadvisor: Raga, Kishore

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 ...

Nationalisation of Mines in South Africa

The South African government reports that 14,000 individuals have been linked to organized crime syndicates involving illegal mining. This industry is estimated to be valued at $570 million yearly. This industry is linked to South Africa's history and economics; there first company was established in 1846.

Nationalizing South African mines: an economic 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 …

A debate that will persist | The Economist

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 ...

The case for the nationalisation of mineral resources

The nationalisation of South Africa's mines, which is ANC policy as articulated in the Freedom Charter, should inspire all delegates to the NGC when discussing and ultimately adopting the best ...

Nationalising South Africa's Mining Sector Economics

In the early 1990s the ANC's election manifesto called for the nationalisation of South Africa's mines, banks and monopoly industry (Michie and Padayachee., 1997: 42). The ANC believed that nationalisation would be the key factor of its economic policy reform. However after much international research, this idea was abandoned due to the ...

(PDF) Nationalising South African mines: Back to a …

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.

Nationalising South African mines: Back to a prosperous futu

Stan Du Plessis. Abstract. Nationalisation is high on the policy agenda in South Africa. This paper considers the case for nationalising the local mining sector from an evidence …

THE PROPOSED NATIONALIZATION OF MINES IN …

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 of speeding up …

Nationalisation and the mines (Chapter 6)

The ANC tried to manage the stoked-up debate on nationalisation by appointing a research team to report broadly on state intervention in the mining industry. This …

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 o

(PDF) Nationalising South African mines: Back to a …

Keywords: Nationalisation; South Africa; mining sector JEL codes: L22, L52, L71 1Presidential address presented at the biennial conference of the Economic Society of South Africa, 5-7 September 2011, Stellenbosch. I am grateful to Monique Reid for her valuable assistance in the preparation of this address.

Advantages and disadvantages of nationalising mines

The minister of finance Mr Pravin Gordhan stated on March 14, 2011, that nationalisation of South Africa's mines and other economic assets is not government policy. He went on to say that failure to be clear on policies could be an obstacle to elevated levels of foreign direct investment that are required to help lift growth rates to 7 percent.

Should South Africa nationalise its mining industry? | News24

South Africa is a developing country and does not yet possess the funds needed to purchase, expropriate or maintain its towering trillion dollar mining industry [19] [20]. As such, the only choice, if nationalisation is to be implemented is the first option above: to demand a higher share on the industry's revenue or tax percentages.

Nationalisation Of The Mines In South Africa Economics …

Therefore there is no reason to nationalize the mines in South Africa If nationalisation is to be successfully implemented various pre-requites and conditions are required, and these need to be clearly defined and stated. The aims and goals of nationalisation need to be elaborated in depth. Details of how nationalisation will benefit the ...

Nationalization: Lessons from Southern Africa

Rationale for nationalization. Nationalization in Southern Africa was justified on the following, familiar, eco nomic, ideological and political grounds. Political independence also entailed economic independence for the newly sovereign nation. This, it was postulated, could only be achieved if the state acquired ownership and control of at ...

TITLE: Policy implications of the nationalisation of mines …

nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the nationalisation of mines is worth pursuing or not, …

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

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 …

Resource nationalism threatens Africa's mining …

At one level, it seems to be a misnomer used to describe just about any assertive stance taken by governments on extractive sector governance. At another level, it has been used to denote grassroots …

Policy implications of the nationalisation of mines in South …

The study investigates the proposed nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the …

advantages and disadvantages of nationalisation

Disadvantages of nationalization of mines in south advantages and disadvantages of, binq miningNationalizing 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 ...

Nationalizing South African mines : an economic 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 emerges, …

Nationalizing South African mines: an enonomic …

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 sector and economy.

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.

South Africa mine nationalization 'closest since …

Opinion site The Daily Maverick reports South Africa already has one nationalised mine – diamond company Alexkor – and few will be surprised by the fact that it is losing money hand over fist ...

Citizenship by Naturalisation – Immigration South Africa

Citizenship by Naturalisation. In terms of Section 5 of the South African citizenship Act (most recently amended by Act 17 of 2010), a foreign national who is a permanent resident of South Africa may apply for naturalisation as a South African citizen so long as certain requirements are met. In order to qualify for naturalisation as a South ...

Nationalizing South African mines: An enonomic …

Nationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local mining sector …

Nationalisation of Mines Original document.

Nationalisation of Mines in South Africa is not only in the public interest, but decisively redresses the historical injustices of dispossession, forced labour, disorganisation of indigenous people through forced migrant …

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 ...

DEMYSTIFYING THE RESOURCE NATIONALISM: HOW …

Recent calls for nationalisation of the mines by the African National Congress (ANC) Youth League has triggered fierce debates in South Africa. Many analysts are of the opinion …

Nationalisation in South Africa: Which Way are We Going?

Nationalisation in South Africa: Which Way are We Going? By Glenn Ashton · 11 Aug 2010. A + A = A -. 0. Nationalisation been returned to the agenda, causing disquiet amongst investors and miners and a quickening in the pulse of the left. We cannot allow Malema to dominate this discussion.

Nationalisation of Mines in South Africa

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. For those of you that didn't know, rhinos are modestly intelligent creatures ...