Open/Close Mobile Menu Open/Close Mobile Menu

South Africa’s socialist party calls for nationalisation of mines without compensation

By Liz Gyekye
Published: Wednesday, 28 October 2015

The Economic Freedom Fighters (EFF) political party is calling on all mining companies based in South Africa to respond to its demands, which include an increase in wages and the nationalisation of some operations. The party’s supporters have threatened to target individual mines and close their operations if they do not comply with their demands.

South Africa’s socialist political party, Economic Freedom Fighters (EFF), has written to the country’s Chamber of Mines to call for the nationalisation of South Africa’s mines without compensation, stating that the state should own and control a minimum of 60% of the country’s mines.

The EFF...

This is a preview of the full article

Logo
  • 2 years pricing data on all minerals
  • The latest global news and features
  • Print magazine
  • Article archive ranging from 1988
  • Access on the move with IM Insight mobile app




Take a Trial or Subscription today. Start below: