nationalization of mines in south africa

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Nationalizing South African mines: an enonomic

2013-4-11  Nationalization is high on the policy agenda in South Africa. Thispaper considers the case for nationalizing the local mining sector froman evidence-based perspective, which is derived from theoreticalconsiderations and related to the known features of the South Africanmining sector and economy. A strong case against nationalizationemerges, which can be summarized as follows. The mining sector iscompetitive and therefore a poor candidate for public ownership.Furthermore, the resources sector does not dominate the South Africaneconomy nor does it create the risk of a decrease in the competi-tiveness of the industrial sector via the unintended adverse impact ofan appreciating real exchange rate due to a commodity boom (DutchDisease). Nationalizing the mining sector will cost the governmentmore than it receives. This is not only a bad idea in itself, but it willlimit the scope for distributive policies on the national budget. Thecontemporary international experience demonstrates the risks of fiscalimprudence. Finally, nationalizing

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Nationalisation Of The Mines In South Africa Economics

Therefore there is no reason to nationalize the mines in South Africa If nationalisation is to be successfully implemented various pre-requites and conditions are required, and these need to be clearly defined and stated. The aims and goals of nationalisation need to be elaborated in depth.

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Nationalisation of Mines in South Africa StudyHippo

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

发布日期: 11月 19, 2009

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Policy implications of the nationalisation of mines in ...

The proposal to nationalise mines is a contentious issue in South Africa. There are those who argue for, while others against, the proposal. Furthermore, the role of government in this process is relatively unclear. The study investigates the proposed nationalisation of mines and probable policy implications for South Africa.

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On the nationalization of mines in South Africa.

2010-11-10  The nationalization of the mines in South Africa is a controversial issue at the best of time. Mining is an enormous part of the South African economy. This means that the decision to do so would affect each and every citizen. One needs to weight the positive affects against the

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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 South African government has quashed persistent rumours about nationalizing the country’s mining industry. AFP reports the government has no plans to nationalize its mines

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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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On the nationalization of mines in South Africa.

2010-11-10  The nationalization of the mines in South Africa is a controversial issue at the best of time. Mining is an enormous part of the South African economy. This means that the decision to do so would affect each and every citizen. One needs to weight the positive affects against the

More

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.

More

Nationalizing Of Mines, Sample of Reports

2021-4-19  Nationalization of mines in South Africa has proposed a tax increase; it would worry investors looking to invest in South Africa mining sector, and perhaps in other South African sectors of business. South Africa faces many challenges such as high unemployment rate, 50% being of youth aged between the ages of 18and 35, high levels of poverty ...

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nationalization of south african mines - shibang-china

South African Mine CEOs Warned by Eunomix That Nationalization Jul 31, 2011 South Africa’s ruling party may institute some form of mine nationalization, a

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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.

More

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  for mining engineers. This will leave South Africa unskilled, uncompetitive, and begging for international buyers for the now rundown mines, with nothing but ruined assets to sell. As Zambia has shown, one decade is not enough time to recover from confusing the role of the State with that of private capital. If nationalization is the only way ...

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Ramaphosa rules out nationalisation of mines

2018-3-14  South Africa's new president Cyril Ramaphosa delivers a speech after being elected by the Members of Parliament in Cape Town, on 15 February 2018.

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Industry expert warning: Nationalizing South Africa mining ...

2010-10-7  The nationalization of South Africa mining would scare off investors at a time when foreign investment is needed most to help create jobs, say industry experts.

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South Africa's Zuma squashes mine nationalization talk ...

2012-2-10  President 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

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Nationalizing South African mines: an economic assessment

SYNOPSIS. 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

More

Policy implications of the nationalisation of mines in ...

The proposal to nationalise mines is a contentious issue in South Africa. There are those who argue for, while others against, the proposal. Furthermore, the role of government in this process is relatively unclear. The study investigates the proposed nationalisation of mines and probable policy implications for South Africa.

More

Why South Africa Should Not Nationalize Its Mining ...

2021-8-3  Nationalisation of mines can be seen as either a good thing or bad, depending on each of our believes. The freedom charter singed and conserved in June 1955 (UKEssays, 2015) states that “South Africa belongs to all who live in it, black and white, and that no government can justly claim authority unless it is based on the will of the people.”

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nationalization of south african mines - shibang-china

South African Mine CEOs Warned by Eunomix That Nationalization Jul 31, 2011 South Africa’s ruling party may institute some form of mine nationalization, a

More

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 ...

More

disadvantages of nationalisation of mines in south africa ...

2012-10-31  South Africa: Why nationalising the mines is not the answer – Le . This is especially true in light of his most recent talk-left walk-right statements concerning nationalisation of mines, South Africa is one of the world’s most »More detailed

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discuss advantages and disadvantages of nationalization

Nationalise mines south africa disadvantages.Disadvantages of nationalisation of mines in south africa advantages and disadvantages of nationalization mining sector , south africa will not nationalise its mines, says minister susan ,anglo is the largest private. Get price

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S.African Gold Mining Battles Nationalization, Falling ...

2010-9-8  NATIONALIZATION of South Africa's Gold Mining and other mineral industries is becoming a hot issue for the ruling ANC Party, even as the country's gold output continues to fall. "Leaders of the ANC have been saying nationalization is not the policy of the ANC. [But] it is the policy of the ANC, and we want to reactivate it so it becomes policy of the government," said ANC Youth League ...

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Nationalization and Mining: Lessons from

2011-11-1  for mining engineers. This will leave South Africa unskilled, uncompetitive, and begging for international buyers for the now rundown mines, with nothing but ruined assets to sell. As Zambia has shown, one decade is not enough time to recover from confusing the role of the State with that of private capital. If nationalization is the only way ...

More

disadvantages of nationalising mines and land in south africa

South Africa: Why nationalising the mines is not the answer – Le . 17 Mar 2011 Minus the big hair, crown, and french accent, Julius Malema may well be South Africa

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