Disadvantages Of Nationalized Mining Industry In South Africa

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Advantages 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.

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South Africa: Will The Mining Sector Be Nationalized?

Julius Malema, the controversial former leader of the Youth League of South Africa’s ruling African National Congress (ANC) party, has long declared that the country’s key mining industry should be nationalized.

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