NATIONALISATION OF MINES

The attainment of the Freedom Charter objectives remains the strategic objective of the African National Congress. The Freedom Charter’s clause on the people sharing in the country’s wealth states,
The national wealth of our country, the heritage of all South Africans, shall be restored to the people; the mineral wealth beneath the soil, the banks and monopoly industry shall be transferred to the ownership of the people as a whole; all other industry and trade shall be controlled to assist the well-being of the people; all people shall have equal rights to trade where they choose, to manufacture and to enter all trades, crafts and professions1."

It is against this background upon which a concrete position on the nationalisation of Mines is formulated in order to guide the ANC in the transfer of mineral wealth beneath the soil to the ownership and benefit of the people as a whole. This is to ensure that the “use of natural resources of which the state is the custodian of on behalf of the people, including our minerals, water, marine resources in a manner that promotes the sustainability and development of local communities and also realises the economic and social needs of the whole nation2”, as resolved in the 52nd National Conference of the African National Congress in December 2007.

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