Polokwane - Embattled ANC Youth League president Julius
Malema said nationalisation of the mines is a concluded matter and that the
ruling party is studying the best model for it.
"Mines should be nationalised. Nationalisation is concluded.
I don't understand the ANC process to be saying we are investigating
nationalisation of mines. I understand the ANC process to be saying we are
looking to get the best model for nationalisation," said Malema on Tuesday.
The youth leader was addressing thousands of students at the
University of Limpopo's Turfloop Campus at an OR Tambo Memorial lecture.
The ANC has celebrated its former leader Oliver Tambo since
October was declared Tambo month in 2008.
Malema said: “Nationalisation is a concluded and closed
His assertion comes shortly after President Jacob Zuma
assured the business community that nationalisation was not the policy of the
Malema said foreign companies had enriched their countries
by outsourcing production of mining commodities. He said polishing diamonds in
London and other countries had deprived local people of job opportunities.
"Diamonds are polished in Johannesburg and London, and leave
the people of Kimberley without jobs," said Malema.
The youth league would never compromise in that regard.
Malema gave an example of the high level of poverty in
Sekhukhune despite the area being rich in mineral resources.
"We are nationalising. We want the people of Sekhukhune to
look like the platinum they are sitting on."
What made Johannesburg a big city was a return investment by
the discoverers of gold and the same should have happened in other mining
Malema said the ANC had never established a city,
accepting the apartheid towns as established by the apartheid government.
ANC chairperson and Limpopo premier Cassel Mathale told
Malema that the ANC in the province would support him over the disciplinary
hearing instituted by the ANC.
"We are with you all the way," said Mathale.
Malema was charged with bringing the ANC into disrepute over
a statement he made that the Botswana regime should be overthrown.
Mathale said ANC leaders were supposed to advise Malema when
he made a mistake and not punish him.
"When you make a mistake it is the responsibility of leaders
to guide and show direction," said Mathale.