nationalisation of mines in south africa pdf

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WIDER Working Paper 2019/80

The operations of South Africa's gold mining companies, and how they have been affected by procurement legislation, is used as a case-study to illustrate the impact of these policies and the potential for South African investment to act as a catalyst for minerals-based industrialization.

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Nationalizing South African mines: an enonomic 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

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PRIVATISATION AND NATIONALISATION

• Nationalisation of a private corporation by mean of purchase of shares (at market price, by mutual agreement) is a financial transaction, to be recorded in the financial account. Recommendation 2: sale of non-financial assets

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SA's ANC Youth League to discuss nationalisation of mines

Dec 31, 2009· "The discussion document will be clearly stating a framework on how nationalisation of mines will happen in South Africa," he said. ... their perspective on nationalisation of mines with the ...

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Policy Implications Of The Nationalisation Of Mines In ...

The study is aimed at establishing whether the nationalisation of mines is worth pursuing or not, given South Africa℗þs current political and economic landscape. The study also investigates nationalisation from an international perspective and provides an overview of countries where mineral and petroleum resources were successfully nationalised.

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

Nov 19, 2009· Nationalizing the mines could significantly decrease foreign investment in South Africa's mining industry, as investors would see their investments at risk with government ownership of the industry. These investments allow the mining industry to provide jobs and growth in the industry and wealth to South Africa, which is necessary to foster the ...

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The Advantages And Disadvantages Of Nationalisation In The ...

Nationalisation is a contentious issue that has polarised public opinion. ... explained some of the advantages and disadvantages of nationalisation, along with ... Prof Strydom provided evidence that the mining sector was a declining industry, and ... would lead to a decline in living standards in South Africa.

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SOUTH AFRICA Alternative Needed to Nationalisation and ...

Privatisation and nationalisation have failed the working class: the collectivisation alterna-tive has a demonstrable and inspiring history of direct "workers' control" and accountability, of Alternative Needed to Nationalisation and Privatisation: State Industries like South Africa's ESKOM show Working Class deserves better

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NATIONALISATION CASE STUDIES LESSONS FOR SOUTH A

at nationalisation in these and other countries at various times involved such sectors as mining and banking. The proposal by the African National Congress Youth League (ANCYL) to nationalise certain key sectors within the South African economy is based on a motivation to address the inequalities created by the previous dispensation.

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(PDF) Nationalizing South African mines: An enonomic ...

Dec 01, 2012· 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 ...

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(PDF) Nationalizing South African mines: An enonomic ...

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 …

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ANCYL NATIONALISATION DOCUMENT PDF

How South Africa hosts the World Cup will go a long way in defining and redefining the perceptions and misperceptions people in the world have about Africa. COMO FAO PARA TRANSFORMAR ARQUIVO EM PDF This will ensure that we make a positive contribution towards building a non-racial, democratic, non-sexist South Africa.

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Mining - United Nations

Mining Historically, South Africa has been a leading global supplier of minerals and mineral products, and it retains an important role in mining and minerals demonstrated by 55 minerals being produced from some 1113 mines in 2005. Mined product is sourced from open-cast,

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Mining Sector Wages in South Africa

2.5 Has the Collective Bargaining in South Africa Evolved Over Time (Pre- and Post-apartheid Periods)? 12 2.6 Weakness of the Wage Determination Process in South Africa 14 3. WAGES IN THE SOUTH AFRICAN MINING SECTOR 17 3.1 Worker Remuneration as a Percentage of Total Company Costs 17 3.2 Mining Wages in South Africa: A Sectoral Comparison 21

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The impact of the proposed nationalisation of South ...

Sep 28, 2017· 1.2. Background to the proposed nationalisation of South African mines Since 2010, the ANCYL has fuelled the debate around the nationalisation of mines in South Africa. Many debates and forums have been recently organised in South Africa to discuss the level of State intervention in the mining industry, the expropriation of

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The South African Mining Sector: An Industry at a Crossroads

Mines of South Africa 2012b, pp. 6-7). It was during that down period of 2008 to 2011 that today's pressing issues of underperformance, labour disputes, nationalization, and …

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The Two Faces of Privatisation: Political and Economic ...

The timing and context of South Africa's privatisation process is difficult to defend on economic grounds, but it did make political sense. INTRODUCTION This paper examines the political economy of privatisation in transitional South Africa, defined as the period between the late i98os and the April I 994 democratic elections. South Africa's ...

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(DOC) Nationalisation of Mines Original document. | Floyd ...

b. Provide information on the state of minerals resources and mining in South Africa. c. Provide a brief political foundation within which Mines should be nationalised. d. Illustrate the Freedom Charter as a foundation of the objective to nationalise Mines. e. Provide and outline a case for nationalisation in South Africa.

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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

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ANCYL NATIONALISATION DOCUMENT PDF

Sep 09, 2021· A story of South African Mining as he discusses the history of mining in South Africa and the need to redress inequalities through nationalisation. The document would be discussed at the ANC's policy conference in June, and …

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(PDF) Nationalisation of SA Mines and the Nonprofit Sector ...

In Africa we have learned many lessons about the challenges of nationalisation – experiences from Zambia, Uganda and the DRC tell us that this just isn‟t a good fit in the mining industry where the deepest and most sophisticated mines require the highest level of expertise in engineering, management, marketing and care of assets.

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The Future of Mining in Africa Navigating a Revolution

South Africa this includes the recent mining charter, whereas the rest of Africa is working through issues from nationalisation through taxation amendments. Managing the complexity requires creating value beyond compliance. The third domain is centred on impacts that transitioning to a digital mine will have on the socio-economic wellbeing

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The Impact of Nationalisation | The Journal of Modern ...

Apr 01, 2021· One of the most important developments in the last decade has been the movement by Africans to recover control of their own economy. A recent article in this Journal, XVI, 3, September 1976, gave a factual account of the extent to which foreign-owned industry in black Africa has been nationalised and indigenised, and discussed the inability of international …

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Nationalization and Mining: Lessons from

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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TOWARDS THE TRANSFER OF MINERAL WEALTH TO THE …

14. From the mid 19 th century to now, South Africa developed to discover many other mineral resources. The department of Mining's South Africa's Mineral Industry 2007/08 booklet says that, "South Africa is a leading world supplier of a range of minerals and mineral products of consistently high quality. In 2005, about 55

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advantages and disadvantages of ... - BINQ Mining

May 10, 2013· Nationalizing 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 model has some obvious limitations. ….

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Advantages and Disadvantages of Nationalisation – ConnectUS

May 17, 2017· Nationalisation Advantages. When it comes to nationalisation, there are plenty of advantages. For one, economically speaking, it ensures that a government can stay homogenized and the economy top-to-bottom can be nationalized. This is great because it ensures that everyone in the economy can benefit, and the industries are all united.

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Nationalising South African mines: Back to a prosperous ...

Downloadable! Nationalisation is high on the policy agenda in South Africa. This paper considers the case for nationalising the local mining sector from an evidence-based perspective. The relevant evidence is derived from theoretical considerations and related to the known features of the South African mining sector and economy. A strong case against nationalisation …

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Debate on Nationalising the Mines in South Africa

Feb 06, 2010· 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, which was adopted at Kliptown in 1955 as the 'manifesto' of the …

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Final NGC Document on Nationalisation of Mines

14. From the mid 19 th century to now, South Africa developed to discover many other mineral resources. The department of Mining's South Africa's Mineral Industry 2007/08 booklet says that, "South Africa is a leading world supplier of a range of minerals and mineral products of consistently high quality.

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Beneficiation strategy for minerals industry in South Africa

South Africa has been a resource economy in excess of a century. An independent evaluation of South Africa's non-energy in-situ mineral wealth is estimated at US$2.5 trillion (Citibank report, May 2010), making the country the wealthiest mining jurisdiction. However, a considerable amount of South Africa's mineral resources

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Mining in Africa's Copperbelt

in sub-Saharan Africa. To understand the unique structure of the Zambian mining in-dustry, one must first understand its rich min-ing history and the legacy of nationalization. Mining in Zambia Zambia's rich mining history and the new direction in which it is heading gold, diamonds, coal and a variety of indus-trial minerals.

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South African mineral law: A historical overview of the ...

the South African mineral law dispensation will be stated, where after the country's mining laws will be analysed with the sole aim of determining the 2 It is acknowledged in the Preamble of the MPRDA that: "… South Africa's mineral and petroleum resources belong to the nation and that the State is the custodian thereof; …"

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