nationalization of minings in south africa

Nationalisation Of The Mines In South Africa Economics Essay

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. Nationalization is “the act of taking assets into state ownership.

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Nationalizing South African mines: an enonomic 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

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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.

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South Africa says no to mines nationalization -

The mining sector in South Africa contributes 9.6% to GDP and employs 3.1% of the country’s labour force. In 2010 the sector contributed 15.3% of country’s exports.

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Why South Africa Should Not Nationalize Its Mining ...

Nationalization of Mines As a result of all the evidence collected it is safe to say that South Africa is not ready for such a big step as yet. The state needs to show rapid improvement in the management of state owned entities, and the growth of the economy.

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South Africa mine nationalization 'closest ... - MINING.COM

Aug 02, 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

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Nationalizing South African mines: an enonomic 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

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

Nov 19, 2009  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 nationalize or not. What implications would nationalization have on the global mining economy as a whole? Pros: Nationalization doesn't have to cut out the private sector completely.

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Nationalisation of Mines in South Africa StudyHippo

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.

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South Africa mine nationalization 'closest ... - MINING.COM

Aug 02, 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

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Nationalising South African mines: Back to a prosperous ...

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 economy. A strong case against nationalisation emerges, which can be ...

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Why South Africa Should Not Nationalize Its Mining ...

Nationalization of Mines As a result of all the evidence collected it is safe to say that South Africa is not ready for such a big step as yet. The state needs to show rapid improvement in the management of state owned entities, and the growth of the economy.

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nationalization of mines in south africa

of nationalising mining sector south africa 2020-2-15 advantages of nationalising the countrys mining sector South Africa is one of the most unequal countries in the world potential nationalization of the countrys lucrative mining industry A final decision on nationalisation has been put off until the partys 2012 annual convention...

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nationalization of mines in south africa

ANC Study Rejects Nationalization of South Africa Mines, Feb 02, 2012 A report by South Africa’s ruling African National Congress found that the nationalization of mines, as proposed by Julius Malema, head of the party’s ...

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Industry expert warning: Nationalizing South Africa mining ...

Oct 07, 2010  The nationalization of South Africa mining would scare off investors at a time when foreign investment is needed most to help create jobs, say industry experts.

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nationalization of mines in south africa

South Africa says no to mines nationalization - MINING.COM. Feb 06, 2012 The mining sector in South Africa contributes 9.6% to GDP and employs 3.1% of the country’s labour force. In 2010 the sector contributed 15.3% of country’s exports.

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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. 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.

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advantages and disadvantages of ... - BINQ Mining

Nationalizing 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 model has some obvious limitations. .

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Is South Africa's State Mining Company The Start Of ...

Last year, South Africa’s ANCYL leader, Julius Malema started making a lot of noise about nationalization, and specifically, the nationalization of the mines, a major source of revenue for the country, and the possible establishment of a state mining company.

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Is South Africa nationalizing its mining industry? The ...

Jun 30, 2012  JOHANNESBURG, South Africa — South Africa’s mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is shrinking.

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Nationalisation of Mines in South Africa StudyHippo

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.

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Why South Africa Should Not Nationalize Its Mining ...

Nationalization of Mines As a result of all the evidence collected it is safe to say that South Africa is not ready for such a big step as yet. The state needs to show rapid improvement in the management of state owned entities, and the growth of the economy.

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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. 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.

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Is South Africa nationalizing its mining industry? The ...

Jun 30, 2012  JOHANNESBURG, South Africa — South Africa’s mining industry is in trouble: platinum mines are closing, gold miners are looking elsewhere and overall output is shrinking.

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nationalization of mines in south africa

of nationalising mining sector south africa 2020-2-15 advantages of nationalising the countrys mining sector South Africa is one of the most unequal countries in the world potential nationalization of the countrys lucrative mining industry A final decision on nationalisation has been put off until the partys 2012 annual convention...

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nationalization of south african mines

South African Mine CEOs Warned by Eunomix That Nationalization Jul 31, 2011 South Africa’s ruling party may institute some form of mine nationalization, a step that could throttle investments in the world’s biggest

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Industry expert warning: Nationalizing South Africa mining ...

Oct 07, 2010  The nationalization of South Africa mining would scare off investors at a time when foreign investment is needed most to help create jobs, say industry experts.

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South Africa's Zuma squashes mine nationalization talk ...

Feb 10, 2012  President Jacob Zuma squashed more than two years of talk on Friday about the nationalization of South Africa's massive mining sector, saying state control or ownership of the mines

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Is South Africa's State Mining Company The Start Of ...

Last year, South Africa’s ANCYL leader, Julius Malema started making a lot of noise about nationalization, and specifically, the nationalization of the mines, a major source of revenue for the country, and the possible establishment of a state mining company.

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Keynote Address: Strategic implications for the platinum ...

nationalization in South Africa could do to the global mining industry: the loss of the reserve base, in particular for PGMs, would cripple the market, sending metal prices sharply upwards and ultimately forcing end users to engineer PGMs out of other products. In its anticipation the stock market’s reaction to South

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South Africa minister warns against nationalization of ...

A battle is brewing over control of South Africa’s key mining sector. Julius Malema, president of the Youth League of the ruling African National Congress (ANC) has long called for the ...

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South Africa’s political elite mines nationalization ...

Aug 25, 2011  The Call South Africa’s political elite mines nationalization debate for advantage By Anne Frühauf Nationalization is the topic of the moment in South Africa and will likely continue to ...

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How Far Can Populism Go in South Africa? Foreign Affairs

May 07, 2019  In many ways, Malema embodies South Africa’s dysfunctions. The EFF’s calls for land grabs and the nationalization of mines and banks have found a ready audience in a country with sky-high unemployment—more than 50 percent of young people are jobless—and stubborn divides between racial groups and the rich and poor.

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South African Unions' Call For Nationalization of Mines ...

May 16, 2013  The soon-to-be president argued that a democratic South Africa needed investment to rev up growth, and that nationalization would deter it. The decision shocked fellow freedom fighters and ...

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