Pretoria – ANC in Gauteng is discussing a proposal which will ensure that previously disadvantaged people own 49 percent of the country’s mines, the party’s provincial chairman Paul Mashatile said on Saturday.
“In the next few years the preoccupation is going to be fundamentally changing the structure of the South African economy,” he told reporters at the party’s elective conference in Pretoria.
“(The preoccupation will also be) breaking down monopoly capital, ensuring new entrants particularly from Africans and blacks in general, creating black industrialists and making sure that we de-racialise the South African economy.” Mashatile said the provincial structure’s resolutions would be announced on Sunday.
He said the increased ownership drive would not be limited to mining only, but other sectors of the economy…
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