disadvantages of nationalisation of mines in south africa

Nationalisation and Indigenisation in Africa The

Nationalisation is the action of a government seizing control of a firm or industry which usually occurs without compensation for the loss of the cumulative value of seized assets and potential income The action could result from a government s attempt to consolidate power dislike of foreign ownership of businesses important to the local economy or to prop up faltering industries

Privatisation of public corporations in South Africa the

·in the Republic of South Africa and annual reports of selected South African public corporations This study is a combination of literature survey and empirical research In view of the dearth of literature on privatisa­ tion of public corporations in South Africa special attention was paid to policy state­

African countries lost control to foreign mining companies

·In the DRC state revenue tripled from US$190 million in 1967 to US$630 million in 1970 A national health system numbering 500 000 employees was established

Land Reform in South Africa The Politics of Expropriation

·As discussed above Section 25 of the Constitution is a mandate for transformation of property regimes in post apartheid South Africa It provides for a right to land restitution and a right to security of tenure with a particular focus on those South Africans who were discriminated against in the past

MITIGATING SOCIO ECONOMIC CONSIDERATIONS OF

·provoke the South African mining industry to tackle the real issue of the lack of equitable wealth redistribution in the resource sector head on The introduction of the idea of the nationalisation of mines in South Africa is an idea which aims to deal with equitable wealth redistribution through the revenue rents derived from the nationalised

South Africa says no to mines nationalization

·South Africa seems to make policy on the run and government is too easily distracted by minority groups when it comes to firm policy on mining Take the case of Coal of Africa they have

Nationalisation and the perceived consequences for a

·Discussions and considerations around nationalisation of the mining sector in South became more prevalent from 2009 There are certain implications or consequences South African mining sector was R420 billion in 2010 and its total expenditure R440 billion Baxter observes that economic rationality is being neglected in

How Does Mining Contribute To The Economy Of South Africa…

·The history of mining in South Africa dates back to the 16th century when the Dutch and Germans started extracting gold and diamonds from the mines near Johannesburg In 1886 Anglo American Mining Co discovered gold at Witwatersrand and began operations The discovery of diamonds at Kimberley in 1867 spurred a gold rush that led to an influx

List of the 20 biggest mining companies in South Africa in 2024

·The Anglo American South Africa also deals in nickel diamonds metallurgical thermal coal copper iron ore and other minerals Anglo American plc s headquarter offices are in London England 2 BHP Billiton Energy Coal South Africa Ltd Mpumalanga Founded 1851 Headquarters Melbourne Australia SA offices Lesedi Village Middelburg Rd Witbank

The case for privatisation of South African state owned companies…

·The then South African government initiated a white paper on privatisation and deregulation in 1987 which culminated in the implementation of the restructuring and privatisation reform in South

Land Reform in South Africa The Politics of Expropriation

·As discussed above Section 25 of the Constitution is a mandate for transformation of property regimes in post apartheid South Africa It provides for a right to land restitution and a right to security of tenure with a particular focus on those South Africans who were discriminated against in the past

Nationalisation of mineral rights in South Africa

·Nationalisation of mineral rights in South Africa 127 minerals The right granted to the third person could apply in general or only in respect of a particular category of minerals It was not uncommon in South Africa for landowners to separate their ownership of the land from mineral rights for example by retaining the mineral rights relating

The Impact of Nationalisation The Journal of Modern African

·Google Scholar Among the other writers who have discussed the economic and political impact of nationalisation even briefly are Ghai Dharam P Concepts and Strategies of Economic Independence in The Journal of Modern African Studies Cambridge XI 1 03 1973 pp 21 42 Google Scholar; Robert L Curry Global Market Forces

The case against nationalisation NEWS & ANALYSIS

·What is set out below is just such a response focussed on the policy proposal for mines nationalisation and the ideas associated with this policy The task of this process is to ensure the long term growth and meaningful transformation of South Africa s mining industry as well as the equitable inclusion of all stakeholders in that growth

reports on advantages of nationalisation in south africa

the 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 resources and diversify the South African

Nationalising South Africa s central bank isn t bad per se just

·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 government

The case for privatisation of South African state owned companies…

·The then South African government initiated a white paper on privatisation and deregulation in 1987 which culminated in the implementation of the restructuring and privatisation reform in South

The nationalisation of the mines banks and monopoly

·The nationalisation of the mines banks and monopoly industries is the policy of South African economy grew at a real rate of % annually only to drop to % per year over

The case for the nationalisation of mineral resources

·The nationalisation of South Africa s mines which is ANC policy as articulated in the Freedom Charter should inspire all delegates to the NGC when discussing and ultimately adopting the best

Evaluating Impacts of Coal Mining in South

SOUTH AFRICA 20 INTERNATIONAL MONETARY FUND African SOE scene in an international perspective Section D discusses international experience with SOE reform Section E concludes with policy options for reforming SOEs B The South African SOE Landscape General Characteristics 2 4 SOEs assets amounted to 34 percent of GDP at end FY19/20

PDF Nationalisation A case study of Zambiaer title

·the stated aim s of nationalisation in South Africa and other countries indicates a need for advocates of nationalisation here to think again to ret urn to the

PDF The Implementation of the Broad Based Black

·The post independent South African government in 1994 started operating in an environment that was characterised by racial discrimination exclusion of the black majority from the economic

Research Portal University of Johannesburg

· This is the exploration of the topic of nationalisation of the country s mines and mineral wealth The discussion studies the impact of the Minerals and Petroleum Resources Development Act 28 of 2002 hereafter referred to as the MPRDA and other relevant legislation on the nationalisation discussion Ultimately the discussion examines whether nationalisation

Nationalization as an economic tool University of Cape Town

Within a context of political posturing and intimidation it can become difficult for fruitful discussion to emerge and real debate can be stifled The nationalisation of mines in South Africa is a discussion that has been debated in such an environment The aim of this dissertation is to cut through the political posturing and get to the fundamental question surrounding nationalisation

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