Nationalisation back on the agenda

Published on 20-09-2012 08:31 PM

4 Comments

The ANC Youth League intends proposing the nationalisation of oil, steel and mining companies including Sasol, Kumba Iron-Ore and Arcelor-Mittal.

"As... amplified by the secretary-general today, the ANC Youth League has already embarked on a process to identify the mineral wealth to be nationalised," spokeswoman Khusela Sangoni-Khawe said in a statement.

Earlier on Thursday, ANC general-secretary Gwede Mantashe announced at Cosatu's national congress that nationalisation was back on the agenda.

According to the SABC, Mantashe said the ruling party was identifying strategic assets in the minerals sector for nationalisation.

The ANCYL welcomed Mantashe's remarks.

"Finally, the ANC has acknowledged what the ANCYL has consistently said... strategic nationalisation of mines," said Sangoni-Khawe.

The league called on workers to intensify the struggle for the redistribution of the economy and emulate the courage and bravery displayed by mineworkers.

Categories:
General SA News

4 Comments

rpm - 20-09-2012, 08:32 PM
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The ANC Youth League intends proposing the nationalisation of oil, steel and mining companies including Sasol, Kumba Iron-Ore and Arcelor-Mittal.

"As... amplified by the secretary-general today, the ANC Youth League has already embarked on a process to identify the mineral wealth to be nationalised," spokeswoman Khusela Sangoni-Khawe said in a statement.

DJ... - 21-09-2012, 10:19 AM
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Sensationalist headline fail! It was never off the Yoof League's agenda...

evilstebunny - 21-09-2012, 12:55 PM
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The league called on workers to intensify the struggle for the redistribution of the economy and emulate the courage and bravery displayed by mineworkers.

I'd call rushing ranks of police with weapons drawn stupidity, but then that's just me. And redistribution of the economy has always been the ANC's agenda, despite calling it economic liberation or other idiotic names.

Africa and Entitlement 101.

Lordpiet - 21-09-2012, 12:56 PM
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Nice so the ANC will pay all the striking miners . . . so think about it the ANC is then going to be the real victims so YE go for it it is just going to be a big FAIL. . .