nationalising mines in south africa

Nationalising Mines In South Africa

Advantages and disadvantages of nationalising mines

Not everyone is as keen as Julius Malema to have mines nationalised (Mpho, 2011). Foreign investment has already declined due to Malema’s uncertain statements regarding the nationalisation of the South African mines. Advantages of nationalising mines. A sector that is nationalised, allows the government to have direct control over that sector.

Debate on Nationalising the Mines in South Africa

Debate on Nationalising the Mines in South Africa ... Canadian mine workers therefore earned 6.5 times more in 2005 than South African mine workers in 2009. Gold is currently trading at around US$ 1200 (SAR 9 000) an ounce, which translates into US$ 38,400,000 per …

Nationalisation Of The Mines In South Africa …

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 …

nationalising mines in south africa

Debate on Nationalising the Mines in South Africa. Mining in South Africa will only benefit the majority of South Africans if it is placed under the control of the working class, along with banking and the commanding heights of the economy, as nationalized concerns planned in the interest of the masses.

NATIONALISATION IN The Reasons to Nationalise SOUTH AFRICA

South Africa would be the nationalising of certain geological terrains or formations. The precedents for all the above are in place. Strategic industries tend to be regular enough targets. Different countries identify different strategic industries and even different strategic minerals. South Africa is …

Nationalisation of Mines in South Africa Essay ...

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.

What would it mean for South Africa to nationalise …

Nationalisation to industrialise and create more jobs. Nationalisation as a means to safeguard sovereignty. Nationalisation as a means to accumulation path in the South African economy. Nationalisation to transform South Africas unequal spatial development pattern. Disadvantages of the nationalisation of mines are as follows:

what are the disadvantages of nationalising the …

Debate on Nationalising the Mines in South Africa. 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.

disadvantages of nationalisation in south africa

Debate on Nationalising the Mines in South Africa. 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 NATIONALISATION IN The Reasons to Nationalise SOUTH .

South Africa: Why nationalising the mines is not …

M inus the big hair, crown, and french accent, Julius Malema may well be South Africa’s own Marie Antoinette. This is especially true in light of his most recent talk-left walk-right statements concerning nationalisation of mines, a reality he apparently gleamed from President Zuma’s state of …

advantages and disadvantages of privatisation and ...

Nationalising South African mines – Department of Economics. 7 Sep 2011 … Nationalising South African mines: Back to a prosperous … privatisation by John Vickers (2008) appeared in the massively expanded ….. perception that the private mines were reaping most of the benefits in a society with high … »More detailed

Revolutionary madness? Lets nationalise banks, …

In an opinion piece published in a major South African newspaper, Christopher Malikane gives some insight into his thinking on how to run the economy. He is evidently a firm believer in nationalising businesses that are best left out of state hands – like commercial banks, mines …

Mine nationalisation will be disastrous for South …

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.

Unpacking the implications of nationalising the …

This would be dangerous for South Africa. Experiences from other countries that do this, like Zimbabwe and Venezuela, are not good. They are all economic basket cases. The fact is that a change of ownership of the South African Reserve Bank would not in and of itself be a disaster.

Nationalising SA Mines with Dr. Paul Jordaan - …

8-8-2012 · Nationalising SA Mines with Dr. Paul Jordaan - Part 2 ... scrutiny in recent months following the debate in the African National Congress over whether or not to nationalise mines in South Africa.

Nationalisation of mines dead and buried - The …

Nationalisation of mines dead and buried. Niren Tolsi. ... South African corporate savings are at a multi-decade high. The sector was sitting on roughly R520-billion in mid-2012 ...

Nationalisation of Mines in South Africa Essay - …

SA Economy: Nationalising South Africa’s Mining Sector Economics 314 30 September 2011 Abstract ... Diamond Mines in South Africa TEAM D Eugene Patton, James Pruitt, John Morawa, Kenneth Miller, Nicholas Nauroth, and Shemika McWilliams DeVry University Online April 13, ...

Nationalisation in South Africa - A debate that will ...

JOHANNESBURG . 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 ...

ANCYL plan for nationalising the mines - …

ANCYL plan for nationalising the mines. ANCYL | 01 February 2010 ... 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 …

feasibility of nationalising the country

South Africa: Why nationalising the mines is not the answer M inus the big hair, crown, and french accent, Julius Malema may well be South Africa’s own Marie Antoinette. This is especially true in light of his most recent talk-left walk-right statements concerning nationalisation of mines, ...

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