Debate on Nationalising the Mines in South Africa
A storm erupted in policy circles in South Africa after Julius Malema the leader of the African National Congress Youth League (ANCYL) boldly proclaimed the need for the mining industry in South Africa to be nationalized. The demand was predicated on fulfilling the vision of the Freedom Charter, which was adopted at Kliptown in 1955 as the ‘manifesto’ of the liberation struggle. According to the Charter “The wealth of the country shall be shared among all who live in it!” (Note: the full ANC YL document on nationalisation of the mines can be read here in a PDF version)