THE PROPOSED NATIONALIZATION OF MINES IN …
The South African mining industry primarily covers the area of activities from extraction of minerals like gold, platinum, chromium, diamonds, vanadium, manganese, uranium and iron ore to trading with foreign countries.
Best of SACSIS: Nationalisation
Talking about the nationalisation debate in relation to the mining industry in South Africa, BEE expert, Duma Gqubule, explains that the value of untapped mineral resources in South Africa is US$4.7 trillion. Put differently, the value of these mineral resources is worth one million Rand per South African citizen. The mistake our country made in relation to …
Reserve Bank nationalisation: a political debate that won't die
The loss of unambiguous independence of the bank in its oversight of financial stability would potentially put South Africa at odds with international obligations and risk its continued access to the global financial system. SA is highly dependent on foreign capital inflows to finance its budget and current account deficits.
To Nationalize or Not? The Pros and Cons of South Africa …
Cons: Nationalizing the mines could significantly decrease foreign investment in South Africa's mining industry, as investors would see their investments …
TITLE: Policy implications of the nationalisation of …
cases, recommendations are made in terms of how South Africa may approach the nationalisation of mines in order for it to succeed. The study analysed and investigated the debate of nationalisation in South Africa by exploring its advantages and disadvantages to perspectives drawn from countries where nationalisation was …
Nationalisation and the mines (Chapter 6)
The ANC tried to manage the stoked-up debate on nationalisation by appointing a research team to report broadly on state intervention in the mining industry. This …
Resource nationalism threatens Africa's mining boom
At one level, it seems to be a misnomer used to describe just about any assertive stance taken by governments on extractive sector governance. At another level, it has been used to denote grassroots level activism, extending in some respect to the labour unrest which the rhetoric around the nationalisation of mines in South Africa may …
the disadvantages of iron mining on south african economy
Nationalizing South African mines: an economic Nationalizing the mining sector will cost the government more than it receives state in the South African economy, (ii) the fiscal risks or benefits of nationalization, (iii) the efficiency of the miningBut this model has some obvious limitations ...
Land Reform in South Africa: The Politics of Expropriation …
The past four years have seen fierce debates over a radical proposal aimed at speeding up the redistribution of land in South Africa—the expropriation of privately-owned land without the payment of compensation. ... implying the nationalisation of land. ... generating debates on the advantages and disadvantages of moving the cut-off date ...
Nationalizing South African mines : an economic 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. A strong case against nationalization emerges, …
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Nationalisation would align the South African Reserve Bank's ownership structure with the majority of central banks across the world. Other than in South Africa, central banks with private shareholders can be found in seven other countries. These are Belgium, Greece, Italy, Japan, San Marino, Switzerland and Turkey.
(PDF) Nationalising South African mines: Back to a …
The trajectory of Mines nationalization debate is currently high on the socio-economic and political discourse in South Africa. This paper within the context of qualitative analytical …
Should South Africa nationalise its mining industry?
As a developing country, South Africa is not yet able to purchase, expropriate or maintain its massive mining industry. As such the only way to nationalise …
Nationalisation in South Africa: Which Way are We Going?
On the other hand the nationalisation of copper mines in Chile has evidently had benefits for both workers and fiscus, in what is essentially a soft form of nationalisation - a form of sweetheart public-private partnership - which was set in motion in the 1950's and continues to date.
Advantages and disadvantages of nationalising mines
Advantages and disadvantages of nationalising mines. ... 2011, that nationalisation of South Africa's mines and other economic assets is not government policy. He went on to say that failure to be clear on policies could be an obstacle to elevated levels of foreign direct investment that are required to help lift growth rates to 7 percent.
Nationalisation and Indigenisation in Africa | The Journal of …
Africans want control in their own house. This article reviews the facts of the takings in black Africa, considers the changing international law of nationalisation, and looks into the future of this confrontation between Africans and foreigners.
(PDF) The Mines Nationalization Conundrum In South Africa: …
The trajectory of Mines nationalization debate is currently high on the socio-economic and political discourse in South Africa. This paper within the context of qualitative analytical …
Keynote Address: Strategic implications for the platinum …
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 ...
MINING IN SOUTH AFRICA: THE CHALLENGES AND …
Mining in South Africa: the challenges and the opportunities 2 September 2016 18 • Non-gold mining sector can grow at 3-5% pa, resulting in more balanced country growth rate (double size of non-gold mining by 2028). • If mining had grown at same pace as rest of economy between 1994 and 2013, country's growth rate would have been 4% (not 3.2%)
Nationalising South Africa's Mining Sector Economics
Nationalising South Africa's Mining Sector Economics Essay Example 🎓 Get access to high-quality and unique 50 000 college essay examples and more than 100 000 flashcards and test answers from around the world! ... Foreign Investor Disadvantages The call to nationalisation has also led to a.
advantages and disadvantages of nationalisation
Disadvantages of nationalization of mines in south advantages and disadvantages of, binq miningNationalizing 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 ...
disadvantages of nationalising mining sector south africa
nationalising mines in india - postcatcher.in. Debate on Nationalising the Mines in South Africa Southern Africa diamonds give employment to 2 million cutters and polishers in India, nationalisation of mines in south africa Nationalising mines a no-no, Cyril insistsThe Citizen.
Mapping the rise of resource nationalism in Africa
Mapping the rise of resource nationalism in Africa. With African nations among usual suspects for resource nationalism, we look at risk and what regulatory changes could be in the works.
Nationalizing South African mines: an economic assessment
A strong case against nationalization emerges, which can be summarized as follows. The mining sector is competitive and therefore a poor candidate for public ownership.
Nationalizing South African mines: An enonomic assessment
A strong case against nationalization emerges, which can be summarized as follows. The mining sector is competitive and therefore a poor candidate for public …
Advantages and disadvantages of nationalising mines
Disadvantages of nationailsation. Nationalisation would create panic among foreign investors. 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.
Nationalization: Lessons from Southern Africa
The record of nationalization in Southern Africa The record of nationalization in 190 Southern Africa reveals a mixed pat tern of strategies (direct and indirect nationalization) and motives. In the case of Zambia, the first phase of the nationalization measures were announced by President Kaunda as part
Advantages and Disadvantages of Nationalization
What are the advantages and disadvantages of nationalization? Meaning, reasons, merits and demerits of nationalization of businesses.
pros and cons of mining nationalization
The Advantages And Disadvantages Of Nationalisation In The Mining Industry Of South Africa Oct 7 2010 The nationalization of South Africa mining would scare off investors at a time investment is needed most to help create jobs say industry experts.
Nationalism and Nationalisation (Chapter 6)
While mine nationalisation, as in Zaire, sought state control over the country's globally strategic mineral assets, ... was symbolised by eve-of-independence negotiations that redirected royalties hitherto paid to the British South Africa Company to the Zambian state.