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The impact of the proposed nationalisation of South African mines on employment in the platinum sector

Dissertation (MBA)--University of Pretoria, 2012.

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Other Authors: Olivier, Johan
Format: Thesis
Published: University of Pretoria 2013
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access_status_str Open Access
author2 Olivier, Johan
author_browse Olivier, Johan
author_facet Olivier, Johan
collection Thesis
dc_rights_str_mv © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria.
description Dissertation (MBA)--University of Pretoria, 2012.
format Thesis
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institution University of Pretoria (South Africa)
last_indexed 2026-06-10T12:38:03.802Z
license_str Other — see source repository
provenance_str_mv Harvested via OAI-PMH from UPSpace — University of Pretoria Institutional Repository
publishDate 2013
publishDateRange 2013
publishDateSort 2013
publisher University of Pretoria
publisherStr University of Pretoria
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source_str UPSpace — University of Pretoria Institutional Repository
spelling oai:repository.up.ac.za:2263/23050 The impact of the proposed nationalisation of South African mines on employment in the platinum sector Olivier, Johan ichelp@gibs.co.za Seke, Makunga Daudet UCTD Job creation Resource rent tax Nationalisation South african mines Dissertation (MBA)--University of Pretoria, 2012. Many forums have been recently organised in South Africa to discuss the level of State intervention in the minerals sector, the expropriation of private mining companies, and the transfer of mineral wealth to the people. The objective of this research was to explore the possible impact that the nationalisation and the introduction of a resource rent tax will have on the capability of platinum mining companies to create sustainable employment while remaining profitable in South Africa.The research was qualitative and exploratory in nature. The sampling frame included major platinum group metals companies, which constitute an industry concentration of more than 50 per cent. Semi-structured interviews were conducted with 13 senior managers and executives from the platinum mining industry.The results have shown that nationalisation of platinum mines, where the government has total ownership or majority control of the company, will not create sustainable employment in South Africa. In addition, nationalisation of mines will isolate South Africa from external capital because private investors have been reluctant to put their money where mining companies were nationalised, especially in Africa. Although the introduction of a resource rent tax may be viable in a short term, it is believed that the competitiveness of mining companies operating in South Africa will be compromised. Gordon Institute of Business Science (GIBS) unrestricted 2013-09-06T14:24:06Z 2013-04-30 2013-09-06T14:24:06Z 2013-04-25 2012 2013-03-09 Dissertation Seke, MD 2012, The impact of the proposed nationalisation of South African mines on employment in the platinum sector, MBA dissertation, University of Pretoria, Pretoria, viewed yymmdd < http://hdl.handle.net/2263/23050 > F13/4/284/zw http://hdl.handle.net/2263/23050 http://upetd.up.ac.za/thesis/available/etd-03092013-153945/ © 2012 University of Pretoria. All rights reserved. The copyright in this work vests in the University of Pretoria. No part of this work may be reproduced or transmitted in any form or by any means, without the prior written permission of the University of Pretoria. application/pdf University of Pretoria
spellingShingle UCTD
Job creation
Resource rent tax
Nationalisation
South african mines
The impact of the proposed nationalisation of South African mines on employment in the platinum sector
title The impact of the proposed nationalisation of South African mines on employment in the platinum sector
title_full The impact of the proposed nationalisation of South African mines on employment in the platinum sector
title_fullStr The impact of the proposed nationalisation of South African mines on employment in the platinum sector
title_full_unstemmed The impact of the proposed nationalisation of South African mines on employment in the platinum sector
title_short The impact of the proposed nationalisation of South African mines on employment in the platinum sector
title_sort impact of the proposed nationalisation of south african mines on employment in the platinum sector
topic UCTD
Job creation
Resource rent tax
Nationalisation
South african mines
url http://hdl.handle.net/2263/23050
http://upetd.up.ac.za/thesis/available/etd-03092013-153945/