Attorney Michael de Broglio on: South Africa, Law, Politics, Attorneys, Sport, Photography, Technology, Gadgets, Media, Crime, Road Accidents Fund,
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I see Julius Malema, who managed to keep quiet for almost the entire World Cup, is back on the scene and talking again. The media love him, because he always makes wonderful headlines, although I am not quite certain that he would have the same stance on freedom of speech as they would like. He is now talking about nationalisation of mines – a sensitive topic insofar as the economy is concerned, but there are those mine owners, and some are very well politically connected, who have not managed to make a go of things, or any profits, and would probably dream of having their mine nationalised! One must not assume that everyone who was involved in mining would be opposed to nationalisation – only those who are successfully involved in mining would have that attitude but, as with all businesses, there are many who are not successful and who are not doing well and would actually dream of the government taking over their operation, and actually getting a little bit of money out.
Posted by Michael de Broglio on Monday 02-Aug-10
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Juliet said:
on Tuesday 03-Aug-10 07:00 PM
I just think as soon as they can have it, the majority of the population incl govt employees will transform SA into a communist society so they can sit longer then they already are on more comfortable couches than they already have:) As long as I don't have to pay more taxes for all the miners' deaths which will obviously increase as we know anything taken care of by the Govt generally degenerates speedily
ANGELIQUE said:
on Tuesday 03-Aug-10 10:37 AM
I agree with Bridget, this is just a door for more corruption!! The government will just pocket even more money and we nor the current mine owners will really see any benefit.
elaine said:
on Tuesday 03-Aug-10 09:22 AM
i for the life of me have nothing polite to say about that .... malema,but as far as nationalisation goes,yes for some it would be great,they are not fit to run these mines,therefore it would be good for them,but what about the others that are doing well,and have been for many years what happens to those that founded them? and every thing they have done for this country,one has to be careful of greed
BRIDGET LOOCK said:
on Tuesday 03-Aug-10 09:06 AM
Nationalisation would just be a whole new breeding ground for corruption, greed and a bargaining ground for tenders. Some of the successfull mines now opperating are contributing to charity, education etc, "doing their bit". Who is going to run these mines, because im sure the current CEO's and their expertese will be forced out. Hope im proven wrong though.
Julie said:
on Tuesday 03-Aug-10 08:51 AM
For the life of me I cannot think of a POLITE thought.....
Johannesburg based attorney specializing in personal injury matters including Road Accident Fund claims and medical negligence matters. My interests include golf, reading and the internet and the way it is constantly developing. I have a passion for life and a desire for less stress!
