Nationalisation not on the cards right now

He was addressing journalists after presenting the National Development Plan for South Africa in Pretoria. Investors in South Africa have been getting more and more jittery amid calls for nationalisation of the mines and properties from disgraced ANC Youth League President, Julius Malema.

According to the Business Live report, the National Development Plan referred to the issue of ownership of mining and mineral and warned that major constraints that impede the growth of mining had to be addressed and these included any "uncertainties over ownership".

For more:

• Business Live: Manuel's NPC snubs nationalisation