Nationalisation and the perceived consequences for a gold mine

Abstract

Discussions and considerations around nationalisation of the mining sector in South became more prevalent from 2009. There are certain implications or consequences related to these discussions, considerations or decisions that should be taken into account. The purpose of this study will be to determine what these consequences may be in a South African context by making inference from historic cases of nationalisation in other countries as well as testing the perceptions of respondents from a gold mine. In order to achieve the purpose of this study the researcher will do an in-depth literature study on the concept, history, consequences and related aspects of nationalisation. The perceived consequences will be tested by doing an empirical study on a sample of a gold mine. An online questionnaire has been distributed to the selected sample. The results have been collected by the researcher and was analysed by the Statistical Consultation Services at the North-West University (Potchefstroom Campus). Conclusions have been drawn from the analysed data and are reflected in the document. The results from the empirical study confirmed in most cases what the literature study has identified. The conclusions and recommendations have been provided by the researcher after taking into account the results of the literature and empirical study.