Mines grab will happen, Malema insists

2011-10-05 07:12

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 matter."

His assertion comes shortly after President Jacob Zuma assured the business community that nationalisation was not the policy of the ANC.

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 towns.

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. 

  • John - 2011-10-05 07:21

    Watch the Rand fall like a lead balloon when this happens. Pension funds will collapse as there will be no dividends from the mines as all the money will go to the government NOT the people. There is no where in the world that nationalising industry has worked, but of course economic genius Julius Malema (woodwork failed)has a plan that will revitalise a nationalised mine system.

  • bublebee4506 - 2011-10-05 07:24

    "Mathale said ANC leaders were supposed to advise Malema when he made a mistake and not punish him." Where do you draw the line on the amount of mistakes the idiot makes? His biggest mistake is that he speaks before he thinks!.

  • johannes.lombard - 2011-10-05 07:27

    Malema will grab the mines,like his role model, Bob Mugabe, did - with devastating effect. Seen a Zim dollar lately?

  • Ryan - 2011-10-05 07:29

    All we can do is watch this idiot destroy his career and the careers of many people. I am in the mining industry and know of 12000 lost jobs just because of the threat of nationalisation. There are at least 4 major mining houses that are looking at not investing in SA already and the list is getting longer. Not to mention what nationalisation will do the debt of the country. Other than that, what has the ANCYL done for the country, other than divide and confuse.

  • GS-rider - 2011-10-05 07:31

    Get over it julius, nobody is listening to you anymore, boy it was so awesome when he had his mouth shut for a while.

  • Punter - 2011-10-05 07:31

    The only conclusion is that Malema is an id10t

  • AloninSA - 2011-10-05 07:32

    Malema makes some very interesting, and good points on this matter. If someone doesn't address them soon, and somehow find the middle ground and make a declaration of a middle ground solution public then this country is going to crash and burn just like Zimbabwe. Too many people have been disregarding Malema as a fool, and not addressing what he says. When someone speaks, and the majority agree with them, it needs to be addressed promptly and correctly, be it a fool, a demagogue or simply a politician.

  • mosa.maditse - 2011-10-05 07:32

    people may say that Malema is an arrogant young man, but his issues are legit and he raises them without fear. The youth will benefit from this young man's proposal

      Truth24 - 2011-10-05 11:29

      We're not saying he isn't addessing real issues. All we are saying is his solution is flawed. Yes - without fear, but also without any insight. So no. The youth will not benefit. But hey... good luck!

  • Sinudeity - 2011-10-05 07:39


  • Dave - 2011-10-05 07:40

    no comment, just no comment

  • Pierre - 2011-10-05 07:43

    And 2 days ago Zuma said that Malema does not run the country!!!It looks like he is making the decisions!!

  • Liz - 2011-10-05 07:48

    The sooner they get rid of Malema, the better!! He is just trouble.

  • h123 - 2011-10-05 07:49

    Mine grab will not happen

  • CygnusX1 - 2011-10-05 07:50

    Another lie sprouts out of Malema's mouth! I will need to look at all the news to find what he his using this lie as deflection for!

  • Jasoneye - 2011-10-05 07:53

    Its all well and good having mines, but if those mines are stolen from large international mining companies, then who is going to buy your mined stones and gold. We would be cut off.

  • African_meisie - 2011-10-05 08:04

    blah blah

  • amabok - 2011-10-05 08:05

    Malema failed woodwork, maths, languages and science. There is a lot he doesn't understand least of which are the implications of varying economic model.s

  • Vooropdiewa - 2011-10-05 08:09

    Give us Government we give you free Houses, Give us Mines and we give you free Money? DejaVu

  • Sentor - 2011-10-05 08:16

    I understand that the Internatinal mining companies also believe this to be true. That is, Nationalisation is going to happen.

  • theprodigy - 2011-10-05 08:21

    This is what Stompie murderer has told you, what do you know Inkwenke, you think you know everything like a spoilt teenager, you don't even know what struggle means. Mathale treason is not a small mistake, its a threat to overthrow the government, I think that is worth punishing.

  • Truth24 - 2011-10-05 08:22

    Ya! There is a couple other things that will happen as well... but let’s not mention that to the uneducated and underprivileged masses m'kay?

  • Pierre - 2011-10-05 08:22

    Laughable!!!According to Zuma he doesnt rule the country!!HEHEHE

  • JustinX - 2011-10-05 08:22

    Perhaps a war should begin and sort the men from the "youth league"

  • daxrsa - 2011-10-05 08:27

    Boring. Trying to divert attention from all his own problems again! Why anyone still listens to this fool is beyond me. Please News24, this guy is past his sell by date stop publishing rubbish like this.

  • Bakstein - 2011-10-05 08:28

    The good point is that the refinement of the raw product should not be removed from the area or country. If he pushes that point instead of nationalisation he will get a lot of people and business support. That will help government with the so much needed jobs initiatives.

  • ZuluKing - 2011-10-05 08:30

    Its interesting how openly Malema is defying Zuma, methinks Zuma will soon be recalled (2013) then Motlanthe who will be elected next year in Bloem will take over again until 2019 when Mbalula will become the youngest state president, and then his Juliusness will take over in 2029.

  • Mouthful - 2011-10-05 08:30

    and i heard it all

  • capetonian - 2011-10-05 08:36

    This lot are really a joke a minute - but the pity is they get so much publicity and not enough arguments showing how ridiculous most of their comments are! I recently heard it said by the Chairperson of the JSE, that "blacks" own at least 32% of available listed shares - that is, available to the general public! Now that's come a long way since 1994! And many of the shares in Mining Companies are owned by the Pension Funds of Trade Unions.....Malema is a cynical political opportunist - FULL STOP!

  • Colin - 2011-10-05 08:38

    There goes the rand again....Down down down

  • Dave Hood - 2011-10-05 08:39

    ANC is busy stealing and pillaging all it can - why not the mines, farms, banks, multi-nationals, etc. They have experienced role models in Mugabe, Gadaffi, etc. Steering Africa to the dark ages.

  • Forseti - 2011-10-05 08:41

    I thought the anc not JM decided what our policies are re nationalization

  • jay rozz6 - 2011-10-05 08:41

    im with you right there bra malema, only if this isnt for your our gain but for poor people out there.

  • Gomez - 2011-10-05 08:43

    Yes Malema,whatever...

  • Greg - 2011-10-05 08:47

    Hey President Zuma - who runs the country - clearly not you.

  • Gomez - 2011-10-05 08:56

    Talk is cheap malema,you dont scare us...

  • clark - 2011-10-05 08:57

    - The idiot continues to mouth off, despite being under disciplinary action from his seniors. Says a lot about the Anc's control over this individual. Amazing that the Anc allows Malema to talk nationalisation while claiming it's not their policy - who's running the show ?

  • Mike@CapeT - 2011-10-05 09:00

    This failed matriculant should be worrying abvout his disciplinary hearing and leave the important stuff to the more educated.

  • 50something - 2011-10-05 09:00

    Shut up Malema, you have have no relevance any more.

  • BadBoy79 - 2011-10-05 09:02

    When I was a child and made a mistake I received guidance. If I were being an idiot and repeatedly making mistakes, my parents punished me. That's part of guidance. Basically what he is saying is that if Malema rapes his wife, he shouldn't be punished but given guidance. This country is going to the dogs...

  • Tolerant - 2011-10-05 09:03

    Malema you are not in parliament and will never get there with your attitude of taking from the rich. This is nothing else than theft.

  • mlucejko - 2011-10-05 09:07

    Yawn! This is apparently the best time of year to start planting in your garden

      HappyInCapeT - 2011-10-05 12:43

      There is a small orchid that produces a R200 note as a flower with a lingering scent of KFC if you sing "Dubulu Ibhunu" to it.... apparently it's selling really well in Limpopo right now...

  • Gavin - 2011-10-05 09:12

    The C in cANCer will soon be changed from Congress to Communists, as they become China's bitch.

      FUNSA - 2011-10-05 11:41

      Are you aware of how many ANC member are also card carrying members of the SACP (Communist Party)? Remember that the "ANC" that we are fooled to believe are ruling the country, is in actual fact a "TRI-PARTHEID" alliance between the ANC, COSATU guessed it - the SACP. I want to loose it when I see that supposedly "THINKING" people do not realise that there is something seriously wrong with this whole picture. SA is said to be a democracy. Run by communists?!?!?!?!? What?????????

  • Agent - 2011-10-05 09:13

    So the results of his previous hearing has not yet been made public and he is starting with his yada yada yada again. What a frikken idiot not worried about the harm he does to the country then again did any of them worry it is the end result that counts never mind what it costs.

  • Kappie - 2011-10-05 09:15

    "When you make a mistake it is the responsibility of leaders to guide and show direction," said Mathale, a mistake is one thing the sencond time is just being cocky and I think that this boy is very cocky and needs a good ass whipping if you ask me nuthing better then that...

  • Lonewolfman - 2011-10-05 09:16

    What an idiot and for those who follow him shame shows your intelligence.

  • Boerseun - 2011-10-05 09:21

    I am sure the markets will love to hear of this news.

  • Patriot777 - 2011-10-05 09:21

    Nice just keeps doing damage

  • Protest - 2011-10-05 09:30

    Again the question: Who is in charge of South Africa? ANC Or Malema?

  • Patriot777 - 2011-10-05 09:35

    Can we guide and show direction to murderers as well, Mathale? Do they not deserve punishment?

  • Swougi - 2011-10-05 09:36

    China will not stand for that...

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