Buthelezi against nationalisation

2010-09-24 18:00

Johannesburg - Inkatha Freedom Party (IFP) leader Mangosuthu Buthelezi on Friday again voiced his concerns with the on-going debate around the nationalisation of mines.

"I do not want to miss this opportunity to restate my position against the nationalisation of our country's mines. I was frustrated to see our government fail to put an immediate stop to talks about nationalisation when they emerged within the ANC's Youth League," he said in Dundee during the official opening of Kwakunje Cultural village.

He said President Jacob Zuma need to make government's position clear and to assure potential investors that this was not a direction the country intends to take.

"I feel there will be repercussions in the absence of a strong statement from our executive head."

The ANC Youth League has been driving the debate around the nationalisation of the mines in the run-up to the national general council (NGC).

Kwakunje Cultural Village is a project launched by the Miranda Mineral Holdings as part of national Heritage Day celebrations.