ANC tight-lipped on nationalisation report

2012-02-02 22:49
Johannesburg - The ANC on Thursday declined to comment on reports that a study it commissioned discourages the nationalisation of mines.

"We are not commenting on that report. The matter will be presented to the NEC [national executive committee] sometime during the meeting," party spokesperson Keith Khoza said on the sidelines of the five-day get-together of party officials in Pretoria.

Business Day reported that the study, compiled by three economists, found nationalising mines would be unconstitutional. It concluded the government could not afford to buy stakes in mines.

The study apparently recommended an upward revision of royalties and tax regimes, the newspaper reported.

A separate report by the ANC’s economic transformation committee, which also reportedly opposes nationalisation and calls for greater beneficiation, was expected to be discussed by the NEC.

Khoza said all reports had been submitted and would be scrutinised at the meeting.

The committee began its first meeting on Thursday with no sign of suspended African National Congress Youth League leader Julius Malema. Malema had been spearheading calls for nationalisation. He was expected to attend, said Khoza.

He said President Jacob Zuma presented his overview to the NEC in the morning. ANC chairwoman Baleka Mbete was expected to table a report on the party's centenary celebration. Other matters to be discussed included education, health, and social development.

ANC spokesperson Jackson Mthembu said these were some of the areas needing policy review. ANC leaders would discuss these matters with the intention of creating jobs and a better life for South Africans, he said.

Draft policy documents, which South Africans could comment on, would be released soon after the conclusion of the meeting, and ahead of the party's policy conference in June.

Join the conversation! encourages commentary submitted via MyNews24. Contributions of 200 words or more will be considered for publication.

We reserve editorial discretion to decide what will be published.
Read our comments policy for guidelines on contributions.
Read more on:    anc  |  jackson mthembu  |  jacob zuma  |  nationalisation
NEXT ON NEWS24X 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
Comments have been closed for this article.

Inside News24


Rugby World Cup 2015

All the action from the 2015 RWC, including live coverage of all 48 matches, breaking news, fixtures, results, logs - and much more!


Rugby World Cup 2015

Heyneke: Still some loose ends
LIVE: Canada v Romania
England demise should 'sharpen' Bok focus
LIVE: Fiji v Uruguay
Traffic Alerts

Are you burning the candle at both ends? Listen to your body and your emotional reactions. Know when to slow down or stop. It is more

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


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 network.


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.