Thursday, December 20, 2012

South Africa: ANC administration will not nationalize private businesses

South Africa's governing African National Congress (ANC) political party says that nationalization of private businesses is "off the table."

Public Enterprises Minister Malusi Gigaba made the announcement Thursday at the party's conference, being held in the city known as Bloemfontein.

Addressing a news conference televised live, Gigaba said: "There shouldn't be from here, forthwith, any expectation that the ANC will move out of here and start deciding who and where we are going to

More details here...

No comments:

Post a Comment