Malema: ‘We want the mines’

South Africa’s fiery ruling party youth leader on Saturday vowed to overhaul ownership of the country’s key mining industry.

“We hear you are going straight for the mines, that is what we are going to do in South Africa,” Julius Malema, the African National Congress Youth League president, told a rally in Zimbabwe’s capital Harare.

“They have exploited our minerals for a very long time. We want the mines, now it’s our turn.”

Zimbabwe last month put in operation a law that requires foreign companies valued at over $500 000 to divest 51% of shares to non-white locals within five years.

Malema has repeatedly called for South Africa’s mines, a cornerstone of the economy, to be nationalised but President Jacob Zuma’s government has brushed off the demands as not being official policy.

The controversial youth leader, who is being hosted by Zimbabwean President Robert Mugabe’s ruling party youth chapter, also echoed South Africa’s backing of the lifting of Western sanctions against the veteran leader and his inner circle.

At the rally, Malema sang Ayesaba Amagwala [The Cowards are Scared], which a South African court this week banned him from using after outrage that it incited violence against whites.

Malema will also visit Brazil, China, Chile, Cuba and Venezuela in a tour of nationalisation programmes. – AFP

Keep the powerful accountable

Subscribe for R30/mth for the first three months. Cancel anytime.

Subscribers get access to all our best journalism, subscriber-only newsletters, events and a weekly cryptic crossword.

Related stories

WELCOME TO YOUR M&G

Already a subscriber? Sign in here

Advertising

Latest stories

Police intelligence surprised by July unrest ‘modus operandi’

Minister of police only receives information from national commissioner that relates to him, commission hears

Revenue Service appeals to ConCourt to keep Zuma’s tax secrets

The high court ruled banning the release of tax information was unconstitutional. Sars disagrees, saying is not only wrong but makes an exception of the former president

ANC halts mayoral elections in Limpopo

The party’s provincial secretary says the appointment of new mayors will wait until dispute investigations are completed

Shabir Madhi: SA scientists were responsible when announcing Omicron

But the virologist urges caution before scientists make blanket public announcements that can lead to ‘hasty’ international decisions
Advertising

press releases

Loading latest Press Releases…
×