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 emerges which can be...
The South African Reserve Bank and the telling of monetary stories. Feb 26 2010 Tito Mboweni former governor of the South African Re serve Bank SARB said that SARB nationalised because it is an asset of our people and not of shareholders At the same time the Chamber of Mines pushed to have more control ecbt pub pdf scpwps ecbwp898 pdf Broz J L
The Journal of The Southern African Institute of Mining and Metallurgy VOLUME 111 OCTOBER 2011 737 †Some authors, such as Burawoy, list the figure as 755 000 t. The USBM lists it as 720 000 t Figure 2—Employment in the mines of the Zambian Copper
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
transaction: the purchase of assets by government units (the case of nationalisation). Background and reasons for change the SNA 1. These issues were not dealt with in the 1993 SNA, although the general conceptual and accounting framework allows for developing adequate recommendations. The “privatisation” issue was one of the five
The Journal of The Southern African Institute of Mining and Metallurgy VOLUME 111 OCTOBER 2011 737 †Some authors, such as Burawoy, list the figure as 755 000 t. The USBM lists it as 720 000 t Figure 2—Employment in the mines of the Zambian Copper
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 different
nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the nationalisation of mines is worth pursuing or not, given South Africa’s current political and economic landscape. The study also investigates nationalisation from an international perspective and provides an
nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the nationalisation of mines is worth pursuing or not, given South Africa’s current political and economic landscape. The study also investigates nationalisation from an international perspective and provides an
South Africa could become less competitive with other mining giants such as China and Chile, if by nationalisation, minerals aren’t extracted through least cost techniques. Logistical issues, such as transport and storage could become an issue if the government has not set into place agreements and contracts with suppliers. Many nationalized enterprises lack the necessary technological and
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
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
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
transaction: the purchase of assets by government units (the case of nationalisation). Background and reasons for change the SNA 1. These issues were not dealt with in the 1993 SNA, although the general conceptual and accounting framework allows for developing adequate recommendations. The “privatisation” issue was one of the five
Keywords: Nationalisation; South Africa; mining sector JEL codes: L22, L52, L71 1Presidential address presented at the biennial conference of the Economic Society of South Africa, 5-7 September 2011, Stellenbosch. I am grateful to Monique Reid for her valuable assistance in the preparation of this address. Introduction History did not, as it turns out, end twenty years and one month ago with
The South African Reserve Bank and the telling of monetary stories. Feb 26 2010 Tito Mboweni former governor of the South African Re serve Bank SARB said that SARB nationalised because it is an asset of our people and not of shareholders At the same time the Chamber of Mines pushed to have more control ecbt pub pdf scpwps ecbwp898 pdf Broz J L
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 . drawing board. Econom ic and
South Africa ''will not nationalise mines''
transaction: the purchase of assets by government units (the case of nationalisation). Background and reasons for change the SNA 1. These issues were not dealt with in the 1993 SNA, although the general conceptual and accounting framework allows for developing adequate recommendations. The “privatisation” issue was one of the five
Nationalizing South African mines: an economic assessment higher today than during the late eighteenth century, and in Hong Kong the current generation is thirty times wealthier than their grandparents. It is one of the great discoveries of modern economi
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 . drawing board. Econom ic and
The South African Reserve Bank and the telling of monetary stories. Feb 26 2010 Tito Mboweni former governor of the South African Re serve Bank SARB said that SARB nationalised because it is an asset of our people and not of shareholders At the same time the Chamber of Mines pushed to have more control ecbt pub pdf scpwps ecbwp898 pdf Broz J L
Nationalizing South African mines: an economic assessment higher today than during the late eighteenth century, and in Hong Kong the current generation is thirty times wealthier than their grandparents. It is one of the great discoveries of modern economi
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
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
The South African Reserve Bank and the telling of monetary stories. Feb 26 2010 Tito Mboweni former governor of the South African Re serve Bank SARB said that SARB nationalised because it is an asset of our people and not of shareholders At the same time the Chamber of Mines pushed to have more control ecbt pub pdf scpwps ecbwp898 pdf Broz J L
South Africa could become less competitive with other mining giants such as China and Chile, if by nationalisation, minerals aren’t extracted through least cost techniques. Logistical issues, such as transport and storage could become an issue if the government has not set into place agreements and contracts with suppliers. Many nationalized enterprises lack the necessary technological and
When we heard about the debate around the nationalisation of mining in South Africa, we thought that we could bring some experiences from the region to share with our South African counterparts. Our inter-vention is really to try and share experiences from the rest of our region. Normally in South Africa we have
The Journal of The Southern African Institute of Mining and Metallurgy VOLUME 111 OCTOBER 2011 737 †Some authors, such as Burawoy, list the figure as 755 000 t. The USBM lists it as 720 000 t Figure 2—Employment in the mines of the Zambian Copper
nationalisation of mines and probable policy implications for South Africa. The study is aimed at establishing whether the nationalisation of mines is worth pursuing or not, given South Africa’s current political and economic landscape. The study also investigates nationalisation from an international perspective and provides an
Nationalisation in South Africa A debate that will. THE nationalisation of mines in South Africa is a costly, high-risk proposition that should be adopted only as a last resort, an independent panel of experts is reported to have concluded after a. nationalisation of mines in south africa pdf