Zwane’s new charter is easy to dismiss due to his Gupta links
A draft policy document shows the ANC has rejected calls to nationalise mines but supports a windfall "resource rent" tax on mining firms.
Mineral Resources Minister Susan Shabangu has warned that the call to nationalise mining companies should be dropped.
According to recommendations from its policy conference, the ANC has rejected "wholesale nationalisation" in favour of "strategic nationalisation".
NEC member Fikile Mbalula said on Saturday that ANC members were afraid to talk about the nationalisation of mines.
The ANC Youth League says Limpopo premier Cassel Mathale’s Freedom Day endorsement of the nationalisation of mines is inspiring.
In terms of mining, there are no easy options to make the most of local beneficiation.
Unlike in sport, the key battles taking place seem to have no clear resolution — leaving us all at a loss.
Nationalisation may be off the table but analysts warn that any changes to the tax regime in the mining sector will also scare away investors.
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/ 8 February 2012
The ANC says a highly-anticipated report on possible reform in the mining sector is merely a discussion document and not cause for concern.
Mining Minister Susan Shabangu has put paid to nationalisation at the Mining Indaba, while outlining plans for a tax-heavy resource nationalism.
Minister in the Presidency Trevor Manuel says nationalisation is not an option for SA, as the mining sector is fundamentally important to transition.
Following Malema’s failed appeal and the ANC’s NEC summit, the government says nationalisation is firmly off the table, and SA is open for business.
The ANC Youth League says there’s no point in promoting nationalisation at the Mining Indaba because it will be non-negotiable once it becomes policy.
The ANC is pondering a windfall tax as a less risky way to maximise benefits from minerals, writes <b>Kevin Davie</b>.
ANC spokesperson Jackson Mthembu says the party’s task team, investigating nationalisation of the country’s mines, has "almost finished its work".
ANC treasurer-general Mathews Phosa says certainty on the issue of nationalisation is needed and this can only happen by having a unified voice.
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/ 17 November 2011
Debt ceilings, double dips, currency volatility and Walmart — the <em>Mail & Guardian</em> rounds up the business highlights of 2011.
The national planning commission’s Bobby Godsell has dismissed concerns about the nationalisation of mines, saying plans to do so are unworkable.
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/ 11 November 2011
A team of independent researchers appointed to probe the viability of nationalising South African mines has completed its work.
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/ 1 November 2011
The Chamber of Mines has dismissed the calls for nationalisation and are willing to debate the issue to convince the South African public against it.
South Africa’s debate on the question of nationalising mines is discouraging investment, but the policy will be clear by mid-2012.
Free State ANCYL members have been called up for a solidarity gathering at Luthuli House in support of league president Julius Malema and others.
ANCYL president Julius Malema’s allies in the provinces appear to lack the clout to bolster his political position, which he now needs more than ever.
Business leaders must bear part of the blame for a call to nationalise South Africa’s mines, according to Cyril Ramaphosa.
Calls to nationalise mines face new challenges from ministers who warn the scheme won’t fight poverty and fear the debate is scaring investors.
The ANC has once again announced that it has no policy on nationalisation of the mines, spokesperson Keith Khoza said.
It is nationalisation that will reconcile and unite South Africans, African National Congress Youth League president Julius Malema has said.
Nedbank said nationalisation would have a negative effect on investor confidence and would not help attract job-creating investment.
Mines minister Susan Shabangu has admitted that debate inside the ANC about possible nationalisation of the mining sector was hurting investment.
The government was aware of the harm the debate on nationalisation was doing to the country’s image but would not implement unconstitutional measures.
What’s important in managing a country’s natural resources is not who owns them, but how well their proceeds are accounted for, the World Bank says.