In an opinion piece published in the Sunday Times Mantashe wrote the party has commissioned "thorough research" on nationalisation - after the party's Youth League lobbied for nationalisation to give the black majority a bigger stake in the country's mineral wealth - and, he said, "now the time for a decision has come."
Anglo American Plc, Xstrata Plc and BHP Billiton Ltd. own mines in the country. "Any further uncertainty on this matter will affect our ability to attract more investment," Mantashe wrote in the article. "While investor sentiment cannot dictate economic policy, uncertainty is not to be encouraged if we are serious about partnering locally and globally to build the economy," Bloomberg reports.
Read the full article on www.bloomberg.com.
