Mining magnate Patrice Motsepe says government should go a step further to lure investors to the country
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Despite renewed support for a tax on mining superprofits, from the ANC’s elective conference, the implementation of the proposal has far to go.
A draft policy document shows the ANC has rejected calls to nationalise mines but supports a windfall "resource rent" tax on mining firms.
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/ 5 February 2012
The Democratic Alliance has come out strongly against the ANC’s proposed mining tax, saying it would discourage investment and kill jobs.