nationalising mines in south africa

Oil together now Lessons on nationalisation from Norway

Sep 09, 2011As South Africa wrestles with the idea of nationalising its mines, the small European country of Norway could serve as a good example that, when managed correctly, nationalising a country's wealth

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Mining not for sissies Ramaphosa Fin24

Mar 14, 2018Cape Town Nationalising mines could result in a burden on the fiscus, said President Cyril Ramaphosa. He was answering questions from MPs in Parliament on Wednesday. Economic Freedom Fighters MP Mbuyiseni Ndlozi asked Ramaphosa about the nationalisation of mines. Ramaphosa said it is tempting to

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Will South Africa become a new Zimbabwe? Quora

Jan 13, 2018As someone who has lived in both Zimbabwe and South Africa I'll give this a crack. When I was growing up in the 80s and 90s, Zimbabwe had a huge population of Mozambicans most who had fled the civil war in their country. They would do all kind of

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Nationalising mines a no-no, Cyril insists The Citizen

South Africa 14.3.2018 1036 pm. Nationalising mines which do not comply with the mining charter is out of the question as it could result in a burden on the fiscus, President Cyril Ramaphosa

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South Africa Financial Institutional Structure ANC youth

Flushed with its success in persuading the African National Congress (ANC) to probe nationalising mines, the ANC Youth League is now proposing expropriation of strategic sectors of the economy without compensation. Keep up-to-date, and get further information on the evolving financial system and its institutions in South Africa and the rest

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the feasibility of nationalising the countrys mining sector

of nationalising mining sector south africa. Feasibility of nationalising the Countries Mining sector Economics The purpose of this essay was to examine the benefits and shortfalls of nationalising mines in . More Products debate on nationalising the mines in south africa. Contact Supplier

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Nationalising mines a 'ridiculous notion' IOL Business

Nov 29, 2010Nationalising mines a 'ridiculous notion' Cleaning up South Africa's scandal-tainted mining sector is no easy task but a six-month government audit of existing mineral licences is a

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South African Ruling Party Will Consider Nationalizing Mines

Sep 24, 2010South Africa's ruling African National Congress gave its leadership two years to study the possible nationalization of mines and other key industries, after its

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Nationalisation of mines slideshare

May 13, 2014. Secondly, South Africa presently one of the world's most unequal societies (and arguably getting poorer in real terms), is constructed around a political economy that is defined by the resource seeking corporations, and managed by a revenue seeking (landlord) government.

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INTRODUCTION Public Sector Economists Forum

Overtime, mines capacity to produce tend to decline if input costs (such as labour and electricity) are high. South Africa mines depend heavily on Eskom for an uninterrupted electricity supply, but an increase in wage demands by unions and a pricey electricity bills from Eskom could shorten the expected life-span of productive mines.

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The case against the nationalisation of mineral resources

The case against the nationalisation of mineral resources. the nationalisation of the mines in South Africa now? clear how nationalising the mines would contribute at this point to the

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Solutions to Mining Industry Risk Challenges Marsh

Solutions to Mining Industry Risk Challenges Some countries are also looking to replace lost revenue by nationalising mineral assets, which could lead to the imposition of resource rents, affect royalty rates, increase control of foreign participation, and introduce new mining codes. Brazil, Canada, South Africa, Greenland and the US.

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Minister Musukwa We are not nationalising the Mines

Mines Minister Richard Musukwa says Zambia will carry out regular audits at all mines to avoid any repeat of the situation at Vedanta unit Konkola Copper Mines (KCM), which has breached the terms of its license. President Edgar Lungu said on Monday the government planned to strip KCM of its mining license and bring a

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INTRODUCTION Public Sector Economists Forum

Overtime, mines capacity to produce tend to decline if input costs (such as labour and electricity) are high. South Africa mines depend heavily on Eskom for an uninterrupted electricity supply, but an increase in wage demands by unions and a pricey electricity bills from Eskom could shorten the expected life-span of productive mines.

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advantages and disadvantages of nationalising the mining

Debate on Nationalising the Mines in South Africa. A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized.

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Mantashe rules out nationalising mines IOL Business Report

May 28, 2010South Africa's mines would not be nationalised, ANC secretary-general Gwede Mantashe told the London business community last week when he visited the global financial hub on a mission to attract

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S.Africa minister sinks mining nationalisation idea Reuters

Feb 08, 2011Nationalising South Africa's mines is not the option, mines minister Susan Shabangu said on Tuesday in her strongest comments in a year against an idea that has unnerved investors in Africa

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'Nationalising South Africa's mines not a viable option'

CAPE TOWN, South Africa Nationalising South Africa's mines is not a viable option for the country's key sector and has been ruled out by the ruling party, the mines minister said yesterday, in a

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Feasibility Of Nationalising The Zambias Mining Sector

debate feasibility nationalising countrys mining sector. Mar 2, 2017 In 2012, ANC said nationalising the mines would be too expensive, but a Time for government to reconsider public ownership of mining industry — a factual review indies it is feasible, Now the time has come to revisit this debate.

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Nationalisation of mines opposed Zambia Online News Site

Jan 08, 2009Nationalisation of mines opposed. January 8, 2009. 283. nationalising mines especially those which are closed is welcome. Africa is

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Solutions to Mining Industry Risk Challenges Marsh

Solutions to Mining Industry Risk Challenges Some countries are also looking to replace lost revenue by nationalising mineral assets, which could lead to the imposition of resource rents, affect royalty rates, increase control of foreign participation, and introduce new mining codes. Brazil, Canada, South Africa, Greenland and the US.

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Nationalisation definition of nationalisation by The

Related WordsSynonymsLegend Switch to new thesaurus Noun 1. nationalisation the action of forming or becoming a nation nationalization group action action taken by a group of people 2. nationalisation the action of rendering national in character nationalization change the action of changing something; the change of government had no impact on the economy; his change on

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We are not nationalising the Mines-Musukwa

We are not nationalising the Mines-Musukwa Mines Minister and Chililabombwe patriotic front Member Of Parliament Richard Musukwa Mines Minister Richard Musukwa says Zambia will carry out regular audits at all mines to avoid any repeat of the situation at Vedanta unit Konkola Copper Mines (KCM), which has breached the terms of its license.

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S.Africa to dispel mine nationalisation fears minister

Jun 12, 2012Long-running investor concerns about whether South Africa might nationalise its mines will be laid to rest at a ruling party conference later this month, the country's mines

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South Africa mining nationalisation debate hurts

South Africa's debate on the question of nationalising mines is discouraging investment, but the policy will be clear by mid-2012, an adviser to mines minister Susan Shabangu told reporters on the sidelines of a mining conference today.

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disadvantages of nationalising a mining the contrys mining

Debate on Nationalising the Mines in South Africa. Feb 6, 2010 A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized.

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South Africa Financial Institutional Structure

Sep 01, 2011Some 38 percent of South Africans believe that mines should be nationalised, according to a survey of 2000 people released on Monday. The level of agreement differed considerably by race, showing that this could be a very divisive issue, said TNS Research Surveys in a statement.

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Can I have a say? Let us debate the nationalisation of mines!

I believe we call agree that South Africa is nothing like Zimbabwe. Taking a few steps back, we should keep in mind the hostile take over by the whites to accumulate this wealth at the expense of the native people. The advantages of nationalising the mines include the distribution of wealth amongst the disadvantaged communities, an increase

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Mining in South Africa projectsiq

Platinum mines in South Africa. The first platinum nuggets were discovered in South Africa in 1924 and today, platinum mining in South Africa accounts for about 80% of the world's total supplies, while its palladium represents around 40% of the world's gross production. PGM is concentrated in the 2 billion-year old Bushveld Igneous Complex

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Tanzania Nationalising Mines? Allnet Africa

Dar-es Salaam The government has denied reports it is nationalising mines after it passed new laws regulating mining operations in the country. Tanzanian Parliamentarians in July passed three new laws that, among others, give government a higher stake in some mining operations. The laws have triggered panic the government intends nationalising mines, forcing many foreign

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