SHABANGU RILES YOUTH

THE ANCYL has reacted angrily to Mining Minister Susan Shabangu's announcement that the country's mines will not be nationalised in her lifetime.

THE ANCYL has reacted angrily to Mining Minister Susan Shabangu's announcement that the country's mines will not be nationalised in her lifetime.

The league said Shabangu, left, must realise that the people who put her in that job can also make her nationalise the mines.

Earlier yesterday, Shabangu told a press conference in Cape Town: "In my lifetime there'll be no nationalisation. Maybe when I'm dead, and rest assured I'm not dying next week."

She implied that ANCYL leader Julius Malema's campaign to nationalise the mines was only hot air.

"Why should we stop young people when they want to engage in an intellectual debate? If Malema flexes his muscles and engages in an intellectual and academic exercise, why must we stop him?" Shabangu said.

But league spokesperson Nyiko Shivambu said: "Shabangu is defining herself outside the ANC, because the Freedom Charter says mineral wealth should be transferred to the ownership of the people as a whole.

"She is also not honest in her attempt to please imperialists. In our previous engagement with her, she said she supports the position of the ANCYL. She will soon realise that the power that made her minister will be the same power which will guide her towards the nationalisation of mines."

Cosatu general secretary Zwelinzima Vavi also dismissed Shabangu's statement.

"It is a statement clearly meant to appease the markets - we will ignore that and continue the debate," he told Sowetan.

Malema has repeatedly called for the nationalisation of mines, starting with gold and platinum. Last October he gave ANC leaders an ultimatum to either support nationalisation or forget about leading the party in 2012.

Shabangu said state participation in the mining sector was not new. The government owned diamond mining firm Alexkor, and had a stake in Anglo American.

She said that if the state wanted to own the mines it would have to be able to "compete like any other business".

"Nationalisation is about everything, and that's not the route we're taking," Shabangu said.

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