AllAfrica.com logo AllAfrica.com 1 month ago

South Africa: No Plans to Nationalise Mines

Johannesburg — THE African National Congress (ANC) yesterday emphatically said it had no intention of nationalising SA mines , saying no party leader would "make policy pronouncements" based on "sentiment". Full Article at AllAfrica.com

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  1. PARTY LINE: ANC general secretary Gwede Mantashe says the party does not support nationalisation. Full Article at Sowetan

  2. South Africa's mining sector "should take comfort that there are no immediate plans from the state to nationalise mines", Deputy President Kgalema Motlanthe said on Monday night. Full Article at Mail & Guardian Online

  3. New Delhi: The power ministry is exploring the option of getting coal mines on lease in Australia to narrow down shortage of fuel at power plants. Full Article at livemint.com

  4. Johannesburg - ANCYL leader Julius Malema envisages a South Africa where the state owns 60% of all mines to "generate extra income" for the government. Full Article at Empowering Financial Decisions

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