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feasibility of nationalising the country. Feasibility of Nationalising the South African Mining, Jul 19, 2019 Introduction The mining industry forms the foundation of South Africa s economy Currently South Africa is the biggest producer of platinum in the world and one of the top producers of gold Julius Malema, the leader of the African National Congress Youth League (ANCYL) was at the ...
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Feasibility of Nationalising the South African Mining . Jul 19 2019· Zambia nationalised the copper mines which supplied 90% of its exports in the early 1970s It ended up hiring back the multinational copper companies to manage them (News24 2010) Zambia is the world s 11th largest producer of copper The mines were nationalised in 1969 and at this time were exporting about 700 000 tonnes of ...
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The Impact of Privatisation on the Zambian economy. The clearest impact of privatisation is that it places ownership of the copper mines in private hands, rather than being in the control of Government, and in Zambia's case, because there are few if any Zambian companies with enough wealth to buy a copper mine, it places ownership in the hands of foreign firms rather than Zambian nationals.
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