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view moreIf the mining sector is nationalised, this would entice the government to sell more minerals within the South African borders rather than export these minerals to foreign countries. If mines were to be nationalised, then the revenue generated would be part of national revenue, and thus would benefit the entire country. Economic development and the total well being of the individual will be
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view moreAdvantages and disadvantages of nationalising mines . Disadvantages of nationailsation. Nationalisation would create panic among foreign investors. South Africa has a history of state owned enterprises that haven't been very successful, this would place more doubt in the mind of the foreign invertor. The mining sector, after nationalisation, could take a very long time to boast a profit. To
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view moreDisadvantages of nationalized mining industry in south africa. The mining industry in South Africa is smaller now than 1994 The nationalization question was then assigned to an ANC research team which produced a report in early 2012 on State Intervention in the Mining Sector The NDP offered a sober assessment of the shortcomings of the South.
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view moreSouth African emerging mining lobby groups argue that location advantage means that finished goods are easier to transport than raw ore. Furthermore, since many mines are located in rural areas, special economic zones with tax incentives for manufacturers would encourage job creation and associated industries and services there. It is indeed the case that many mines in South Africa are self
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view moreAdvantages and disadvantages of nationalising mines . Disadvantages of nationailsation. Nationalisation would create panic among foreign investors. South Africa has a history of state owned enterprises that haven't been very successful, this would place more doubt in the mind of the foreign invertor. The mining sector, after nationalisation, could take a very long time to boast a profit. To
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