South Africa ANC Party debate to nationalize mines, land and banks.

South African farm workers in field gathering sweet potatoes.
ANC may nationalize farms and mines and banks in South Africa (photo credit. china.org.cn

On April 27th 1994 South Africa elected their first African president and independence from White rule commenced.

It has been over 18 years since this historic day, yet 80 percent of South Africa’s industries; banking, land/farms and mines are still controlled by White South Africans.

The current ruling party ANC may be implementing a change of season.

The ANC is debating

to nationalize the banks, farms and mines because they say progress to bring ownership and control into balance which reflects the demographic of the country is way to slow.

What does artikleblak think of all this?

Well artikle thinks this is a good idea for South Africa. South Africa should be South Africa for all South Africans, not just those who relinquished Pretoria and held on to the banks, mines and farms etc.

South Africa is to mineral rich for ONLY the rich to enjoy.  One should not leave the compound of a mine and once the gates close be surrounded by abject poverty. Where is all the money going? Where is the reinvestment to the communities where these mines operate?

Also, when you review the boards of many of the banks, including the Central Bank of South Africa, the complexion of the faces do not much the complexion of  faces outside the banks dark paneled boardrooms.

And the land? The farms? The land is the land of all South Africans, some of them may have been born on land that they cannot own.

So considering the mineral wealth of South Africa and the future of South Africa, artikleblak believes if little has in 18 years by the people in the private section who are in control, then government intervention is necessary for the future of a prosperous South African nation.