Thursday, 11 March 2010
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Thursday, 11 March 2010
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Fear and loathingMen and very big machinesBarry Sergeant03 February 2010 15:03 Build, pillage and then privatise: a short history of mine nationalisation in Africa.
JOHANNESBURG - A good number of enquiries have landed up in my bunker, mainly from offshore, about why the ANC Youth League continues to crank out loose gimcrack talk about nationalising South Africa's mines. This week, the mines minister, Susan Shabangu, said that nationalisation of mines would "not happen in her lifetime". This generated foul responses from the ANC Youth League, which called her a liar, and the Young Communist League, which likened her remarks to "a declaration of war". These are peaceful times, all right; note that Shabangu ranks as a fairly senior minister within the structures of the ANC, in power in South Africa since 1994. A recent detailed statement from the ANC Youth League on its intentions around nationalisation is pac... More Recent Blog EntriesThe ANC goes bonkers21 January 2010 00:29The political legend confirms that it will effectively rip billions of rands out of Eskom’s belly. A Caribbean, and other, quakes15 January 2010 00:01Haiti’s economics of disaster add another chapter to the doomsday book. Solomon’s mine redux18 December 2009 00:01A wild and wooly year in platinum draws rapidly to a crunching close. "New" Simmers board looks doomed11 December 2009 16:22Must go to the vote, Vulisango says, also demanding forensic scrutiny back to 2005. It’s the (lack of) cash, stupid08 December 2009 16:23Listed gold stocks are the unwitting dogs of 2009’s global mining performers.  View more articles from this section
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