This paper traces the historical background of nationalisation in South Africa and examines the views of the ANC\r\nYouth League in the light of the current debate on nationalization in South Africa. It draws lessons from the Zambian\r\nexperience and put them into perspective. It is observed that nationalisation is usually followed by privatization and\r\nthen renationalization. The requirement of a 60% stake in mining companies is significantly high and deters investors\r\nas they are unable to get a controlling interest in their own companies from the onset. A volatile legislative environment\r\nfurther aggravates the situation.
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