Communists slam calls to nationalise S.Africa mines

Calls to nationalise South Africa's mines by factions in tkhd humboldt wedag high pressure rollshe ruling ANC are a front to bail out struggling black-owned companies, Communist Party boss Blade Nzimande said on Tuesday.

The radical Youth League of the ruling African National Congress is pushing for mine nationalisation, unnerving investors in the world's No. 1 platinum producer, but President Jacob Zuma's government insists it is not government policy. "The call for nationalisation by elements within the ANC Youth League, is to save the black economic empowerment elements in crisis, and not to address the interests of the workers and the poor," Nzimande said at a strategy meeting of leaders affiliated to the Congress of South African Trade Unions (COSATU). "Ten years from now, they will be calling for privatisation, after the state has inherited the debt," he added. COSATU and the Communist Party were instrumental in Zuma's rise to power but have been largely unimpressed by his...