Arthur H. Bell and Dayle M. Smith
DOI: 10.4172/2169-026X.1000e101
DOI: 10.4172/2169-026X.1000e102
DOI: 10.4172/2169-026X.1000e103
DOI: 10.4172/2169-026X.1000e104
DOI: 10.4172/2169-026X.1000101
This paper traces the historical background of nationalisation in South Africa and examines the views of the ANC Youth League in the light of the current debate on nationalization in South Africa. It draws lessons from the Zambian experience and put them into perspective. It is observed that nationalisation is usually followed by privatization and then renationalization. The requirement of a 60% stake in mining companies is significantly high and deters investors as they are unable to get a controlling interest in their own companies from the onset. A volatile legislative environment further aggravates the situation.
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