Resource News

IBTimes reported political leaders in South Africa are moving to nationalize the nation’s largest mining sector–platinum.

IBTimes reported political leaders in South Africa are moving to nationalize the nation’s largest mining sector–platinum.

As quoted in the market news:

He claims that such a measure would relieve unemployment (which is estimated to be as high as 40 percent and much higher for youth); provide a more equal distribution of wealth in the country; and alleviate racial inequalities almost two decades after the fall of apartheid.

Click here to read the full IBTimes report.

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