Wednesday, June 22, 2011

Nationalisation debate rages on

By Lelethu Mquqo
22 June 2011


Business Leadership SA has admitted that it could have been more proactive in the debate around nationalisation of the country's mines and banks.

Chief executive Michael Spicer says business has a responsibility in managing this debate.

This follows ANC Youth League leaders Julius Malema’s statement that the League is willing to go to war to have its nationalisation policy adopted.

BLSA chairperson Bobby Godsell stressed that business remained "unconvinced" that nationalisation was the way to go in addressing unemployment and poverty.

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