Nationalisation back on the agenda

2012-09-20 22:22
(Picture: Sapa)

(Picture: Sapa)

Multimedia   ·   User Galleries   ·   News in Pictures Send us your pictures  ·  Send us your stories

Johannesburg - The ANC Youth League intends proposing the nationalisation of oil, steel and mining companies including Sasol, Kumba Iron-Ore and Arcelor-Mittal.

"As... amplified by the secretary general today, the ANC Youth League has already embarked on a process to identify the mineral wealth to be nationalised," spokesperson Khusela Sangoni-Khawe said in a statement.

Earlier on Thursday, ANC secretary general Gwede Mantashe announced at Cosatu's national congress that nationalisation was back on the agenda.

According to the SABC, Mantashe said the ruling party was identifying strategic assets in the minerals sector for nationalisation.

The ANCYL welcomed Mantashe's remarks.

"Finally, the ANC has acknowledged what the ANCYL has consistently said... strategic nationalisation of mines," said Sangoni-Khawe.

The league called on workers to intensify the struggle for the redistribution of the economy and emulate the courage and bravery displayed by mineworkers.

- SAPA
Read more on:    cosatu  |  anc  |  ancyl  |  gwede mantashe  |  politics  |  nationalisation
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
135 comments
Add your comment
Comment 0 characters remaining

Inside News24

 
/News

Jobs in Cape Town [change area]

Property [change area]

FARMS FOR SALE IN Paarl

Farms R 12 000 000

FARMS FOR SALE IN Paarl

Farms R 39 900 000

Travel - Look, Book, Go!

Kalahari.com - shop online today

Save up to 40% on outdoor accessories!

Tents, sleeping, day packs and more. While stocks last. Shop now!

Month End Madness Sale!

Save up to 60% on across a wide range of goods from books to electronics, DVDs and many more. Sale end 31 January 2015. Shop now!

Valentine’s Day gifts – 14 Feb!

Gifts to spoil him and her. While stocks last. Shop now!

30% off fragrances

Get 30% off fragrances for him and her. While stocks last. Shop now!

Up to 30% off All Textbooks

Save up to 30% off an extensive range of prescribed textbooks for all major universities and FET colleges. Shop Now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

Spontaneity and bright ideas are emphasized today but there is a tendency to be too impulsive and you may want to keep a handle on...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.