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| Proposed
confiscation of South Africa's privately owned mineral rights
|
| Date:
2001/02/22 |
Source:
Jim Peron |
| The
Department of Minerals and Energy has issued a draft bill which
it calls "the Mineral Development Bill" (MDB). The MDB announces
some laudatory goals and then institutes various means that
are guaranteed to undermine the very goals enshrined in the
legislation. The MDB is supposed to "provide for a legislative
framework within which the nation's mineral wealth can be developed
to its fullest potential" and that will "promote economic growth".
Yet the Bill will destroy the possibility of either goal being
realised. |
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more... |
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