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In nationalising the mining sector in South Africa the State government believes it would have the capabilities of attracting labour intensive mining industrialists who will process mineral resources and diversify the South African economy

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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

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Arguments for Nationalisation They benefit from economies of scale Bigger is better which means that the prices to consumers is relatively lower

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