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July 21, 2009

ANC ready to rethink nationalisation

Party to debate nationalisation

THE ANC's top leadership has agreed to consider its youth wing's call for the nationalisation of mines but warned that the government would not be duped into bailing out troubled companies.



Party secretary-general Gwede Mantashe yesterday announced that the ANC national executive committee, which met at the weekend, has decided to refer the nationalisation debate to its economic transformation committee which will then develop the party's position on the matter.

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Posted by StaffWriter at July 21, 2009 9:54 AM