08.02.2012 - ANC wants state, labour to pool mine resources
The African National Congress-commissioned study of state intervention in the mining sector — expected to be made public this month — proposes sweeping changes to the taxation of the industry. It also proposes the creation of a sovereign wealth fund financed by a 50% tax on mining "super profits", the merger of six existing government departments, and the combination of all state and trade union pension fund holdings in mining companies into a single special-purpose vehicle...............................................Full Article: Source
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