'State must own mines'

ANCYL leader Julius Malema envisages a South Africa where the state owns 60percent of all mines to "generate extra income" for the government.

ANCYL leader Julius Malema envisages a South Africa where the state owns 60percent of all mines to "generate extra income" for the government.

"The nationalisation of mines will happen, the Freedom Charter says that," Malema said yesterday.

But he was quick to explain this did not mean the government would "grab existing mines". - Sapa

X