Fintalk – ANC wants bigger state stake in Kumba

ANC wants bigger state stake in Kumba

Written by Andre Janse van Vuuren (@andrejvvuuren) / 09 Feb 2012 in Listed Companies, News, Politics

Chris Griffith, CEO of Kumba

A draft summary of the ANC discussion document on the state’s involvement in mining suggests a bigger share for government in Kumba Iron Ore; necessary to facilitate a reduction in local steel prices. Read the full story here.
- Tags:
- Kumba Iron Ore
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- Brianpatrick Biz
  
  I think that the govt should have more stake in all business, provided it is done transparently and the money is not going into any one person pocket, education, job creation the list goes on so yes give gov more but make sure the govt gives it back tot the people
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