The Feasibility Of Nationalising The Countrys Mining Sector

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Feasibility of Nationalising the South African Mining Sector

Available: hypertext transfer protocol: // suite101. com/content/nationalising-the-mining-sector-in-south-africa-a281585 [ Accessed 25 September 2011 ]. ancyl ( 2010 ). Towards the Transfer of Mineral Wealth to the Ownership of the People as a Whole: A Position on Nationalisation of Mines.

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A sector that is nationalised, allows the government to have direct control over that sector. If the mining sector is nationalised, this would entice the government to sell more minerals within the South African borders rather than export these minerals to foreign countries. If mines were to be nationalised, then the revenue generated would be part of national …

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The camp not in favour sees this vision in a different light. Nonetheless, this essay investigates the feasibility of nationalising the country’s mining sector from both a theoretical and empirical standpoint.

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Feasibility of nationalising the Countries Mining sector Economics The purpose of this essay was to examine the benefits and shortfalls of nationalising mines in South Africa, as well as why it should or should not be done.

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