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Nationalizing South African mines: an enonomic

2013-4-11  6. Finally, the shareholders of South African mines include large public and private sector pension funds. Any nationalization without compensation would pass the cost of nationalization on to current and future pensioners in all sectors of the economy. Nationalization of South African mines would represent a

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Nationalisation Of The Mines In South Africa Economics

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 is “the act of taking assets into state ownership.

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nationalization of mines in south africa

Nationalizing South African mines: an enonomic assessment. 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 and economy.

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Nationalizing South African mines: an economic assessment

MINERAL ECONOMICS . Nationalizing South African mines: an economic assessment . S. du Plessis I, II. I Department of Economics, University of Stellenbosch II An earlier version of this paper was presented as the Presidential address at the biennial conference of the Economic Society of South Africa, 5-7 September 2011, Stellenbosch. I am grateful to Monique Reid for her valuable assistance in ...

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To Nationalize or Not? The Pros and Cons of South Africa ...

2009-11-19  Recent calls by the African National Congress (ANC) Youth League to nationalize South Africa’s mining industry have resurrected a seemingly never-ending debate: to nationalize or not. What implications would nationalization have on the global mining economy as a whole? Pros: Nationalization doesn't have to cut out the private sector completely.

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Why South Africa Should Not Nationalize Its Mining ...

Nationalization of Mines As a result of all the evidence collected it is safe to say that South Africa is not ready for such a big step as yet. The state needs to show rapid improvement in the management of state owned entities, and the growth of the economy.

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nationalization of south african mines - shibang-china

South African Mines will Not be Nationalized Resource Investor. Julius Malema, leader of South Africa's ANC Youth League, has been demanding the nationalization of the country's mining

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South Africa says no to mines nationalization - MINING.COM

2012-2-6  The mining sector in South Africa contributes 9.6% to GDP and employs 3.1% of the country’s labour force. In 2010 the sector contributed 15.3% of country’s exports.

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South Africa mine nationalization 'closest since end of ...

2011-8-2  South Africa mine nationalization ‘closest since end of apartheid’. Businessweek quotes a confidential report prepared for South Africa’s mining CEOs as saying South Africa’s ruling party ...

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Nationalization and Mining: Lessons from

2011-11-1  Nationalization and Mining: Lessons from Zambia by D. Limpitlaw* ... produced more than double South Africa’s number of mining engineering graduates. These Spanish-speaking engineers are also less mobile than South African graduates in the English language dominated world of mining.

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Nationalizing South African mines: an enonomic

2013-4-11  6. Finally, the shareholders of South African mines include large public and private sector pension funds. Any nationalization without compensation would pass the cost of nationalization on to current and future pensioners in all sectors of the economy. Nationalization of

Get Price

Nationalisation Of The Mines In South Africa Economics

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 is “the act of taking assets into state ownership.

Get Price

nationalization of mines in south africa

Nationalizing South African mines: an enonomic assessment. 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 and economy.

Get Price

To Nationalize or Not? The Pros and Cons of South Africa

2009-11-19  Recent calls by the African National Congress (ANC) Youth League to nationalize South Africa’s mining industry have resurrected a seemingly never-ending debate: to nationalize or not. What implications would nationalization have on the global mining economy as a whole? Pros: Nationalization doesn't have to cut out the private sector completely.

Get Price

Why South Africa Should Not Nationalize Its Mining

Nationalization of Mines As a result of all the evidence collected it is safe to say that South Africa is not ready for such a big step as yet. The state needs to show rapid improvement in the management of state owned entities, and the growth of the economy.

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The Advantages And Disadvantages Of Nationalisation In

The nationalization of South Africa mining would scare off investors at a time ... investment is needed most to help create jobs, say industry experts. ... "Look at the advantages first before rushing to nationalize mines,” says... Read more. Mine nationalisation will be disastrous for South Africa's economy.

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The impact of the proposed nationalisation of South

2017-9-28  The impact of the proposed nationalisation of South African mines on employment in the platinum sector ii Abstract Many forums have been recently organised in South Africa to discuss the level of State intervention in the minerals sector, the expropriation of private mining companies, and the transfer of mineral wealth to the people.

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South Africa says no to mines nationalization - MINING.COM

2012-2-6  The mining sector in South Africa contributes 9.6% to GDP and employs 3.1% of the country’s labour force. In 2010 the sector contributed 15.3% of country’s exports.

Get Price

South Africa mine nationalization 'closest since end of

2011-8-2  South Africa mine nationalization ‘closest since end of apartheid’. Businessweek quotes a confidential report prepared for South Africa’s mining CEOs as saying South Africa’s ruling party ...

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Keynote Address: Strategic implications for the platinum

2011-3-3  The impact of South African mine nationalization on the PGM industry There is much speculation as to the kind of damage such a nationalization in South Africa could do to the global mining industry: the loss of the reserve base, in particular for PGMs, would cripple the market, sending metal prices sharply upwards and ultimately forcing end ...

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Nationalizing South African mines: an economic assessment

MINERAL ECONOMICS . Nationalizing South African mines: an economic assessment . S. du Plessis I, II. I Department of Economics, University of Stellenbosch II An earlier version of this paper was presented as the Presidential address at the biennial conference of the Economic Society of South Africa, 5-7 September 2011, Stellenbosch. I am grateful to Monique Reid for her valuable assistance in ...

Get Price

Why South Africa Should Not Nationalize Its Mining

Nationalization of Mines As a result of all the evidence collected it is safe to say that South Africa is not ready for such a big step as yet. The state needs to show rapid improvement in the management of state owned entities, and the growth of the economy.

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nationalization of south african mines - tejadosnoroeste.es

Mines Nationalization in South Africa mbindwane. Jan 25, 2014 The South African Freedom Charter of June 26, 1955 Mines Nationalization. A Post Analysis. Background: On June 1955, Congress of the People in Kliptown adopted The Freedom Charter. The ANC adopted at its annual conference that an all-in representative gathering of the people ...

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South Africa: Is Nationalization of Mines for Public Good? -

2020-12-20  A free market lobby group says nationalizing mines will not solve economic problems but one region of the ruling party wants both mines and land nationalized. South Africa: Is Nationalization

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advantages and disadvantages of privatisation and

2013-5-10  Nationalizing South African mines: an economic assessment. Keywords: nationalization, South Africa, mining sector. in the South African economy, (ii) the fiscal risks or benefits of nationalization, (iii) the efficiency of the mining sector But this model has some obvious limitations. .

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Is South Africa's State Mining Company The Start Of

2011-3-1  Last year, South Africa’s ANCYL leader, Julius Malema started making a lot of noise about nationalization, and specifically, the nationalization of the mines, a major source of revenue for the country, and the possible establishment of a state mining company.

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South Africa – EFF to campaign for partial nationalization

2013-10-9  Mail and Guardian EFF straightens out its mines nationalisation policy 09 Oct 2013 07:32 During the build-up to its launch, the EFF has announced it will look into the partial nationalisation of mines if it becomes SA's next ruling party. The Economic Freedom Fighters's Floyd Shivambu. (Oupa Nkosi, MG) The Economic Freedom Fighters

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Nationalization and Mining: Lessons from

2011-11-1  Nationalization and Mining: Lessons from Zambia by D. Limpitlaw* ... produced more than double South Africa’s number of mining engineering graduates. These Spanish-speaking engineers are also less mobile than South African graduates in the English language dominated world of mining.

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South Africa minister warns against nationalization of

2011-2-8  A battle is brewing over control of South Africa’s key mining sector. Julius Malema, president of the Youth League of the ruling African National Congress (ANC) has long called for the ...

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Alternative Needed to Nationalisation and Privatisation:

2013-2-10  For example, every single South African university adopted outsourcing in the 1990s and 2000s, under pressure from the national government. (See the Zabalaza pamphlet Fighting Privatisation in South Africa and South Africa: from apartheid to neo-liberalism). The Black Private Elite

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