On nationalisation: Prof du Plessis delivers ESSA presidential address

Posted by Johan Fourie on 2011-09-16

On 7 September, prof Stan du Plessis delivered the ESSA presidential address to a packed audience at Stellenbosch University. In his introduction, he noted that he had written a first version of the speech on the use of statistical inference in economics, but had decided to change topic given the recent debate in the media about the possible nationalisation of the mines. His lecture - Nationalising the South African mines: Back to a prosperous future, or down a rabbit hole? - discussed the potential benefits and costs of nationalisation from an evidence-based perspective. In short, Prof du Plessis concludes that "nationalising the mining sector will cost the government more than it receives". His full speech is available as a Working Paper: http://www.ekon.sun.ac.za/wpapers/2011/wp172011

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BER Weekly

5 December 2022
Shock waves reverberated through SA last week after an independent panel report found that President Cyril Ramaphosa may have violated his oath of office in handling a theft at his Limpopo farm. While the Phala Phala saga will drag on this week, there are also some important local data releases, including the 2022Q3 real GDP figures (tomorrow) and the...

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