Zambia scoffs at Zimbabwe and South Africa mine nationalization schemes
ResultOn Tuesday Zambia's Finance Minister mocked Zimbabwe and South Africa for planning to forcibly raise government stakes in foreign mines, saying "the Zambian miner in 1970s was a happier miner than ...
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Nationalising South Africa's central bank isn't bad per se: …
ResultPrint. South Africa's governing party, the African National Congress (ANC), recently adopted a resolution to nationalise the country's central bank. The move comes on the back of calls for ...
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Anglo-American lobbying flops as clamour intensifies for
ResultSouth African mining output rebounded strongly in April, rising by 12.4% year-on-year, after contracting 1.4% in the previous month, a report by Statistics South Africa showed on Thursday.
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Nationalising South Africa's Mining Sector Economics
ResultThis highlights South Africa's domestic investment-savings problem. For a country to grow, it has to invest a least 25% of its resources (Keeton, 2011). Should the State government decide to undertake at 50 percent control of the listed mines in South Africa, it would still take an amount of $135 billion.
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Coal Nationalization, Captive Mining and Coal-Gate
ResultOf this, around 25 million tons is metallurgical coking coal for the iron & steel industry. The balance is thermal coal used by power plants (50%), cement industry (17%) and other industries (33%). India imports its coal mainly from Australia, Indonesia, New Zealand and South Africa. Nationalization of Coal …
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Nationalizing South African mines : an economic assessment
ResultNationalization 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. A strong case …
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The impact of the proposed nationalisation of South …
ResultThis research is informed on the call by the ANCYL to nationalise the South African mines in order to create employment for the people (The African …
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A new wave of resource nationalism in the mining & metals …
ResultThe mining & metals industry may be facing a renewed period of intense resource nationalism. Facing gaping budget deficits in the wake of the COVID-19 pandemic, and stoked by soaring commodity prices, resource-rich countries are bound to demand more from investors in the sector. In fact, 2021 …
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Nationalizing South African mines: an economic assessment
ResultNationalization 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 …
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Nationalisation of South African mining 'still a threat'
ResultSouth Africa's ruling African National Congress (ANC) party debated – and ruled out – the long-mooted nationalisation of its mining industry at the party's policy conference last week.
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Policy implications of the nationalisation of mines in South …
ResultThe study investigates the proposed nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the …
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reports on advantages of nationalisation in south africa
Resultthe advantages of nationalization of south africa mines. Nationalisation of Mines in South Africa 3122 Words . Feb 16, 20120183;32;In nationalising the mining sector in South Africa, the State government believes it would have the capabilities of attracting labour intensive mining industrialists who will process mineral …
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Nationalizing South African mines: An enonomic …
ResultNationalization is high on the policy agenda in South Africa. This paper considers the case for nationalizing the local …
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Nationalisation and the mines (Chapter 6)
ResultMartin Nicol. Edited by. John Daniel, Prishani Naidoo, Devan Pillay and. Roger Southall. Chapter. Get access. Share. Cite. Summary. The arguments …
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Africa Connected: ESG and climate implications for the mining sector …
ResultEnvironmental, Social and Governance (ESG) and climate change considerations in the mining sector is the theme of this edition of Africa Connected. We have articles on how mining companies can prepare for new ESG performance standards in 2020, the impact of World Bank sanctions and mine rehabilitation …
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Debate on Nationalising the Mines in South Africa
ResultA 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. The demand was predicated on fulfilling the vision of the Freedom Charter, which was …
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Advantages and disadvantages of nationalising mines
ResultThis is without the indirect effects of mining, if these effects are taken into account another 500 000 jobs are likely to exist. I believe that the private sector already has the necessary capital as well as human resource proficiency to maintain and sustain this sector. Therefore there is no reason to nationalize the mines in South Africa.
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Citizenship by Naturalisation – Immigration South Africa
ResultCitizenship by Naturalisation. In terms of Section 5 of the South African citizenship Act (most recently amended by Act 17 of 2010), a foreign national who is a permanent resident of South Africa may apply for naturalisation as a South African citizen so long as certain requirements are met. In order to qualify for …
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Naturalization Requirements In South Africa
ResultValid passport. Original or notarized copy of a proof of a South African citizenship. Prescribed fee $25.00. You can apply for South African citizenship through naturalization if you have held a permanent residence permit for at least 5 years if you have married a South African, or you are a minor under 21 years with a …
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Natural resources, nationalism, and nationalization
ResultMining is synonymous with South Africa's industrial revolution, which dates from the last quarter of the 19th century and which laid the basis for the South African state of today. Capital and skills flowed into the diamond fields and then the gold mines in the Zuid Afrikaansche Republiek, whose Boer population began to feel threatened by …
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Should South Africa nationalise its mining industry? | News24
ResultSouth Africa is a developing country and does not yet possess the funds needed to purchase, expropriate or maintain its towering trillion dollar mining industry [19] [20]. As such, the only choice, if nationalisation is to be implemented is the first option above: to demand a higher share on the industry's revenue or tax …
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Minerals and Mining in South Africa | SpringerLink
ResultMinerals and Mining in South Africa. Paul A. M. Nex & Judith A. Kinnaird. Chapter. First Online: 04 October 2018. 1993 Accesses. 4 Citations. Part …
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Nationalisation in South Africa: Which Way are We Going?
ResultIt is a primary role of the state to manage the economy in order to equitably distribute the wealth of a nation. The state must supply infrastructure, manage resources and the economy so that everyone can maximise their potential. Certain resources must remain managed by state owned enterprises (SOE's).
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To Nationalize or Not? The Pros and Cons of South Africa …
ResultCurrently, South Africa's government claims that it has no plans to nationalize its mining industry. South Africa's Mines Minister Susan Shabangu …
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South Africa's Zuma squashes mine nationalization talk
ResultPresident Jacob Zuma squashed more than two years of talk on Friday about the nationalization of South Africa's massive mining sector, saying state control or ownership of the mines in the world's ...
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Nationalization: an analysis of the competing interests of …
ResultIn South Africa, the ANC Youth League, which has promoted the notion of the nationalization of mines and other industries, faded heavily after the ANC's Mangaung elective conference in December 2012. Not only did the conference remove the notion of nationalization, but the very future, if any, of the ANC Youth …
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South Africa's political elite mines nationalization debate …
ResultBy Anne Frühauf . Nationalization is the topic of the moment in South Africa and will likely continue to dominate political debate until the end of 2012, when the African National Congress (ANC ...
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Resource nationalism and the African National Congress
ResultIt goes on to describe how the resurgence of resource nationalism has been influenced by internal factional politics in the African National Congress. It concludes that nationalization is unlikely to be the outcome of current policy deliberations within the ANC. Keywords: Resource nationalism, nationalization, mineral policy, …
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Zimbabwe and a wave of resource nationalism
ResultThe ban is also meant to deter artisanal miners from exporting ores abroad. Smuggling to South Africa and UAE reportedly cost the country $1.8bn in lost mining earnings. High prices and tighter government control have artisanal miners flocking to abandoned mines in search of critical minerals, with potentially …
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South African Mining Nationalization
ResultSouth African Mining Nationalization. Abraham Mathebe. Xlibris Corporation, Sep 13, 2010 - Business & Economics - 71 pages. A fascinating read, this book will give readers an insight and a clearer understanding of the bases of what prompted the author to write this critique on South African mining and its …
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