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REUTERS
South African Planning Minister Trevor Manuel.
Nationalisation is not an option for the mining sector, Minister in the Presidency Trevor Manuel said on Monday.
“The minister (Susan Shabangu) was pretty forthright in saying that there will be nationalisation over her dead body. Now you couldn't ask for a clearer statement than that,” he told the Mining Indaba in Cape Town.
“The mining sector is so fundamentally important as a platform to construct the (upliftment) transition that we can't be able to take this idea of nationalisation forward.”
Manuel said the industry deserved policy-certainty.
“If some doomsayer comes along and generates another lie (about nationalisation), don't believe them.”
Government would rather look to partnerships with the private sector to uplift the sector through education, improved working conditions and more rights, he said. - Sapa
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Frank Dlamini, wrote
COWARDS !!!!!!!!!!!!!!!!!!!! By their silence they committed something worse than "nationalisation". The oldest " Liberation Movement in Africa" ran scared of one guy from Limpopo. International mining investors regard us a NO GO AREA.
ceebee, wrote
I see you are keeping the mining income close to your chest. Nationalisation would benifit everyone but GovernmentInvestor (bribe) relationship keeps the money in "your" pocket. Corrupt cadre!!!!
Anonymous, wrote
Idiots!! Then why did you let that fool Malema continue unabated for so long, now you are crying.....typical...big mouth and then it goes wrong, even after so much warning, you stretch your hands out and beg
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