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 level activism, extending in some respect to the labour unrest which the rhetoric around the nationalisation of mines in South Africa may have exacerbated.
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Why Is Nationalisation Needed? South Africa is regarded to have one of the world's most unequal societies. Looking at Gini-Coefficients, "The dispersion of income and wealth between the rich and the poor is one of the most uneven in the world (Bisekker, 2010)." This means that South Africa is drifting towards perfect inequality.
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Our call for nationalisation of mines is in such a manner where the State will own mineral wealth and mines as a custodian of the entire South African population, and not a custodian of few big-businesses. ... and the extraction and production of these mineral resources in Mines thereof. Why is it that South Africa should be criminalised for ...
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South Africa's position as the world's number one mining jurisdiction changed swiftly when the ANC came to power and began calling for the nationalisation of mines. These calls were also coupled with increasingly severe Black …
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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 ...
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Title: Nationalisation and the perceived consequences for a gold mine. Key terms: Nationalisation, gold mine, mining sector, expropriation Discussions and considerations around nationalisation of the mining sector in South became more prevalent …
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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 …
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Arguably, the political economy of South African mining overlaps with the political economy of mining in the sub-equatorial region, given that prior to the independence of the various colonial dependencies Anglo-American, the largest of the South African mining houses, was active in mines in South-West Africa, Southern and Northern Rhodesia ...
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The debate over nationalisation of South Africa's mines has taken on new impetus over the past 10 days in the wake of the re-election of Julius Malema, the influential leader of the ruling ...
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As to the South Africa's Mines nationalization scenario, the ANC Youth League (2010:12) has argued that: An absolute majority of mines' shareholders are not mining experts and engineers, and some do not even know where the actual mining is happening. What share holders do is put in place proper systems for running the mines, to ensure that ...
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Nationalisation Nationalization (British English spelling nationalisation) is the process of taking an industry or assets into government ownership by a national government or state.[1 704 Words; 3 Pages; Nationalisation Of Mines In South Africa Introduction The nationalizing of mines has been the on-going debate in South Africa, Mainly between ...
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What is set out below is just such a response focussed on the policy proposal for mines nationalisation and the ideas associated with this policy. ... a bit of interest and on goods and services not provided for in South Africa: in other words 93% of value of the expenditures of mining companies stay in South Africa to benefit local industries ...
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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.
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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 …
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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 …
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A Crtitical Analysis of the Proposed Nationalisation of Mines in South Africa in Light of South Africa's International Law Obligations . Peter Emeka Nwafor. See full PDF download Download PDF.
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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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Currently, South Africa's government claims that it has no plans to nationalize its mining industry. 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. What do you think?
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For playing in South African rands check out the online casino South Africa or SilverSands Casino review pages. Please be sure to check whether online gaming is legal in your country's jurisdiction prior to playing. Click HERE to leave YOUR COMMENT on nationalisation of mines in South Africa
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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. ... On the other hand the nationalisation of copper mines in Chile has evidently had benefits for both workers ...
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The nationalisation of mines in South Africa is a discussion that has been debated in such an environment. The aim of this dissertation is to cut through the political posturing and get to the fundamental question surrounding nationalisation of mines in South Africa. Would nationalising the South African mining industry enhance its contribution ...
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In South Africa, the ANC Youth League, which has promoted the notion of the nationalization of mines and other industries, faded heavily after the ANC's Mangaung elective conference in December 2012. Not only did the conference remove the notion of nationalization, but the very future, if any, of the ANC Youth League itself was put in balance.
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The "Benoni Mine Incident" is a situation that encompasses an episodic case of illegal mining that took place in South Africa. A rescue operation was set in motion in February of 2014 at an abandoned mine shaft near Johannesburg in attempt to rescue a number of illegal mine workers.
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The 'mines, banks and monopolies' are therefore not the only issue in the South African nationalisation controversy. The debate extends to the ... In South Africa, nationalisation is also seen as a means of reducing the concentration ('monopoly') of economic power. The …
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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 …
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South Africa's radical leftist Economic Freedom Fighters (EFF) will nationalise all mines by 2023 if elected this year, the party said in its election manifesto launched on Saturday.
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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
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2012. The trajectory of Mines nationalization debate is currently high on the socio-economic and political discourse in South Africa. This paper within the context of qualitative analytical methodology explores the dynamics of the nationalization conundrum …
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If nationalization is the only way to lift the majority of the country's people out of poverty and deprivation, then South Africa had better commit substantially more resources to producing mining professionals: engineers, metallurgists, and geologists as well as operators, to run these state owned enterprises, because the people currently ...
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'NATIONALISATION OF MINES means the democratic government's ownership and control of Mining activities, including exploration, extraction, production, processing, trading and beneficiation of Mineral Resources in South Africa.
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If the mining sector is nationalised, this would entice the government to sell more minerals within the South African borders rather than export these minerals to foreign …
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South Africa is a mineral rich country and probably a leading mining country in the world as far as the variety and quantity of minerals produced are concerned. Over the years regional …
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of the mine which, in turn, would have disastrous effects on neighbouring communities. Facts [4] The basic facts can be shortly stated. The mine has one of the largest resources of open-pit mineable anthracite reserves in South Africa and is the principal supplier of anthracite to ferrochrome producers in the country.
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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...
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In August 2012, President Jacob Zuma told a meeting of diplomats that South Africa had rejected the proposal of a blanket nationalisation of mines, and would instead focus on proposals that sought to ensure the country benefitted more from mining without disrupting the sector.
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2012. The trajectory of Mines nationalization debate is currently high on the socio-economic and political discourse in South Africa. This paper within the context of qualitative analytical methodology explores the dynamics of the nationalization conundrum …
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The record of nationalization in Southern Africa The record of nationalization in 190 Southern Africa reveals a mixed pat tern of strategies (direct and indirect nationalization) and motives. In the case of Zambia, the first phase of the nationalization measures were …
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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 ...
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This paper traces the historical background of nationalisation in South Africa and examines the views of the ANC Youth League in the light of the current debate on nationalization in South Africa.
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