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South Africa's mining industry is supported by an extensive and diversified resource base is intended to encourage the small and medium sized operator, to the benefit of should not place them at a disadvantage in relation to overseas competitors. . of nationalisation to reverse ownership patterns in the mining sector.

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South Africa: Will The Mining Sector Be Nationalized?

Julius Malema, the controversial former leader of the Youth League of South Africa’s ruling African National Congress (ANC) party, has long declared that the country’s key mining industry ...

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Nationalization: Advantages and Disadvantages of Nationalization ... other arguments were added to support the case for nationalization. As private industry lost its competitive character and developed all the symptoms of monopolistic stagnation people came to argue that individual self-interest was no longer adequate to ensure …

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The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has …

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Advantages and disadvantages of nationalising mines

South Africa has a history of state owned enterprises that haven't been very successful, this would place more doubt in the mind of the foreign invertor. The mining sector, after nationalisation, could take a very long time to boast a profit.

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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. The demand was predicated on fulfilling the vision of the Freedom Charter ...

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

disadvantages of nationalized mining industry in south africa Since nationalized industries are typically not run for-profit, South Africa’s mining industry could ultimately fall behind other countries’ mining industries, such as Chile or Russia, ultimately decreasing the efficacy and overall profit of the mining industry and its contributions towards South Africa's other industries.

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Mine nationalisation will be disastrous for South Africa’s ...

The industry continued to act as a magnet for investment in South Africa, according to the Chamber. At the end of December, the mining sector had accounted for R1,trillion, or%, of the ...

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