I call the shots - Malema

Do you think Malema's words carry any weight?

  • Yes

    Votes: 29 42.0%

  • No

    Votes: 35 50.7%

  • Unsure

    Votes: 5 7.2%
  • Total voters
    69
BBSA

BBSA

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http://www.sowetan.co.za/News/Article.aspx?id=1145683
ANC Youth League leader Julius Malema says the ruling party will nationalise mines after 2012.

“I know nationalisation is on the agenda of the ANC and it is only I who can tell you that. Nationalisation will be resolved as a policy position of ANC in 2012.
“When it happens, you should not be shocked. We are in the process of policy formulation,” Malema told Parliament yesterday.

President Jacob Zuma has previously said nationalisation was not an ANC policy. Mining Minister Susan Shabangu said in February this year that there would be no nationalisation in her lifetime.
Malema said the ANC-led government would have to nationalise the mines if it was to generate enough revenue to deliver on promises it made to the electorate.
He said the money currently generated from taxes was not enough to deliver services to the poor.
Malema also said the new industrial policy, which was supposed to create permanent jobs, would be a flop without a cash injection from nationalised mines.

“Logic should tell you that we are not reaching as many people as we expected. When you have a budget constraint you must look for extra income … beneath the soil, we need to go under the soil and get that extra income.”


Malema addressed the portfolio committee on mining as part of public hearings begun on the establishment of a state-owned mining company. He proposed that mineral rights be transferred to the state-owned company.
He said the state should keep a minimum of 60percent of the shares in any mining venture.
The other 40percent could be given to private companies who met broad-based black economic empowerment conditions.

Describing the scenario, Malema said it was like the state owning a car and the private partner putting in petrol to reach a common destination.
“The private partner must pay tax, must pay royalties so that private ownership leaves with a very minimum out of this arrangement. At the end you leave with 10percent or 5percent.
“We are not for maximising profit for personal accumulation of individuals.”
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Strange, I thought Zuma call the shots;)
 
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Is now after Zooma said it's not true? I wonder who is pulling who's wire (ag, i mean strings) in the ANC...
 
Yeah like he defeated apartheid, single-handedly while still in his teens.

“We are not for maximising profit for personal accumulation of individuals.”
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Except for ANC & YL leaders of course.
 
“We are not for maximising profit for personal accumulation of individuals.”
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Why do you want to accumulate people? I hope he realizes that you have to feed them too.
 
“Logic should tell you that we are not reaching as many people as we expected. When you have a budget constraint you must look for extra income … beneath the soil, we need to go under the soil and get that extra income.”
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Boy, is he in for a surprise when he realises that it is not just a case of digging and collecting bars of gold, Breitling watches and polished diamonds.
 
Fellas you need to do some follow ups on these troll fests of yours instead of making snide remarks about the forum's racist policies:)
ANC youth league leader Julius Malema has to toe the party line or face expulsion, ANC secretary general Gwede Mantashe said on Friday.
.................
Mantashe's statement follows hot on the heels of President Jacob Zuma's assertion in Parliament on Thursday that Malema's views on the nationalisation of mines were his own and not the policy of the ANC.

"Mr Malema like any other South African had the right to his views," Zuma said in reply to a question in the National Assembly.
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The Sauce
 
Malema said the ANC-led government would have to nationalise the mines if it was to generate enough revenue to deliver on promises it made to the electorate.
He said the money currently generated from taxes was not enough to deliver services to the poor.
Click to expand...
what thay money they put in their back pockets?
“Logic should tell you that we are not reaching as many people as we expected. When you have a budget constraint you must look for extra income … beneath the soil, we need to go under the soil and get that extra income.”
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do you even know what logic is? of course not, you first need to be sentient, now go play in a tree your fusking excuse for a monkey
 
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There may be official policy ... and then there may be unofficial policy.

Organisations often say things to placate people.

I guess they have a right to change their policy as well. It would be a 180 degree change in this case, though.
 
If the ANC are looking for more revinue why don't they look in their back pockets? I can guarantee there's enough there to solve world hunger.
 
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