Minerals Resource Minister Susan Shabangu stood up at the Mining Indaba last year and declared: 'there will be no nationalisation in my lifetime'. On Tuesday 7 February she told a packed hall of global delegates with certainty that nationalisation is off the agenda for government and the ruling ANC. Instead, she highlighted the new approach of resource nationalism - a milder form of state intervention that will include a higher tax regime for the industry.
Feb 07, 2012
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