Youth League to start ‘identifying’ sectors for nationalisation

2012-08-27 14:09

The ANC Youth League will start identifying what strategic sectors of South Africa should be nationalised, deputy president Ronald Lamola has said.

“The NEC [national executive committee] ... has begun internal deliberations to take forward the resolution for strategic nationalisation and will be making submissions to the ANC,” Lamola told reporters in Johannesburg today.

“The mineral wealth to be nationalised should be based on the economic importance of the mineral or sector concerned.”

This was a resolution taken at the Youth League’s national executive committee meeting on August 17 and 18.

Lamola said the Youth League would propose that Sasol, Kumba Iron Ore and Arcelor Mittal be among the companies to be nationalised. The league was looking for others to add to the list.

“We are now scouting,” he said.

Minerals such as iron, platinum, vanadium, manganese and zinc should also be added to the list.

Lamola said this was in line with resolutions made at the ANC’s policy conference held in June.

At the meeting ANC national executive committee member Enoch Godongwana said the party had decided not to pursue nationalisation of mines, but added that there was consensus that there should be greater state intervention.

Lamola said the ANCYL was calling for section 25 of the Constitution to be amended to enable the strategic nationalisation of mines and expropriation of land without compensation.

“We also call for the establishment of an expropriation commission that will be able to expropriate in the public interest and for public purpose and remove this task from the untransformed court of South Africa,” he said.

The league believed amending section 25 was the only way to eradicate inequalities in the country.

At the ANC’s policy conference Agriculture Minister Tina Joemat-Pettersson said expropriation without compensation would only happen with land that was acquired illegally.

She said the expropriation policy South Africa had at the moment was unconstitutional and needed to be brought in line with the legislation.

“We do not need to change the Constitution for this,” Joemat-Pettersson said.

The conference had not set any goals for expropriation, but would rather wait for a land audit to be completed at the end of the year, she said.

Lamola criticised private companies, saying they continued to be unpatriotic and dismissive of the people.

“Corporate South Africa remains the only sector that has never appeared before the truth and reconciliation commission for their own atrocities committed against the people of this country during apartheid. There shall never be any recrimination for their actions.”

Lamola said an “economic Codesa” was needed.

He was referring to the Convention for a Democratic SA, talks held in the early 1990s to help bring about the end of apartheid.

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. 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

Traffic Alerts
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.