ACDP against ‘land grabs’, nationalising mines

2011-06-21 10:00

The African Christian Democratic Party (ACDP) reminded the ANC Youth League today that former president Nelson Mandela was against mining nationalisation.

“To reverse former president Nelson Mandela’s 1992 position on mine nationalisation will create insecurity and disrupt our economy, and investment in South Africa would disappear fast,” ACDP MP Cheryllyn Dudley said in a statement.

“Mandela in 1992 drew attention to neighbouring Mozambique’s Frelimo government being unable to run a single mine after nationalising the mining industry.

“While many may admire the ideals of the Venezuelan government, the realities on the ground suggest that a more sober approach, like that of Brazil, is clearly in the people’s best interests,” said Dudley.

On land reform, she said ANC Youth League leader Julius Malema’s call to “take land without payment” would negatively affect the working class. This was because mineworkers’ pension funds, which were invested on the JSE, would be “negatively impacted”.

“The ACDP recognises that the social licence to operate and the right of communities to benefit directly from mining operations is a critical issue in mining and focused attention must be given to this dilemma.”

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