Minister acknowledges mines debate harm

[miningmx.com] — THE government is aware of the harm the reckless debate on nationalisation is doing to South Africa’s image but will not implement unconstitutional measures, said Minister of Public Enterprises Malusi Gigaba on Monday.

“We who run the country know the harm this reckless debate is doing to the good image and investments of the country,” Gigaba told an American Chamber of Commerce breakfast.

He said the concerns raised by those calling for the nationalisation of the country’s assets were legitimate, but a solution was needed to unite the country and not divide it further.

“Ultimately it’s the ANC and not those who stand on public platforms in front of mikes who take the decision,” he said.

The task team established by the ANC to investigate nationalisation would probably deliver its report by the end of the year, he said.

The ANC would then “engage” on it, and ultimately take a decision that was “in the best interest of the mining sector”, he said.