| Get ready for resource nationalism: the state and ruling ANC are rigorously debating proposals that could force a radical shake-up of the country's $2.5-trillion non-energy mineral wealth.
The broad strokes of the reforms, presented in the ANC's 600-page draft "State Intervention in Minerals Sector" report, call for, among others, supertaxes on the mining industry that could be ring-fenced into various investment vehicles and sovereign funds...............................................Full Article: Source
|