https://www.miningweekly.com
Africa|Industrial|Power|Resources|Service|Services
Africa|Industrial|Power|Resources|Service|Services
africa|industrial|power|resources|service|services

Forum 4 Service Delivery Youth calls for nationalisation of mines

14th October 2019

By: African News Agency

  

Font size: - +

RUSTENBURG – The nationalisation of mines will lead to industrialisation, growth of the economy and jobs, Forum 4 Service Delivery Youth said on Monday.

"The industrial strategy adopted by government will never succeed unless we have State control and ownership of the natural resources," said Kgothatso Ramautswa, president of the youth wing.

"It is important to highlight the fact that the South African economy as it currently stands bears strong features of all colonial economies. Primarily, all colonial economies were positioned as sources and reserves of primary goods and services for the colonisers' economies. 

"Nationalised mines ought to lead to a spatial development framework that should necessarily decentralise development. Areas such as Sekhukhune, Rustenburg, Burgersfort, Emalahleni have far greater economic potential because of the mineral resources underneath the soil. These should be developed, beneficiated and industrialised to enhance and harness economic and human development in these territories."

He said nationalisation of mines would increase the fiscus and create  more jobs amongst other benefits.

"We can have the right to vote after every five years, but if we do not have access to economic power, those votes are useless. We have to emphasise these central points on nationalisation of mines and speak in great detail because there are those who continue to believe that the F4SD Youth does not have reasons for mines in South Africa to be nationalised."

Edited by African News Agency

Comments

Showroom

WearCheck
WearCheck

Leading condition monitoring specialists, WearCheck, help boost machinery lifespan and reduce catastrophic component failure through the scientific...

VISIT SHOWROOM 
John Thompson
John Thompson

John Thompson, the leader in energy and environmental solutions through value engineering and innovation, provides the following: design, engineer,...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

PGMs and green hydrogen make headlines
PGMs and green hydrogen make headlines
19th April 2024

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.302 0.343s - 106pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: