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ANC study ‘advises against’ mine grabs

02 Feb 2012
THE African National Congress (ANC) research team on nationalisation has resubmitted its report to the party, and while it is confidential, it is reliably understood to discourage " asset grabs" and buying stakes in mines. The report could go some way towards settling the vexed question of nationalisation in the ANC, which has been pushed by its youth league to adopt it as official policy, despite warnings that it would discourage investment in SA’s already ailing mining sector.

http://www.businessday.co.za/articles/Content.aspx?id=163913