The FF Plus is also of the opinion that due to the perception of improper proximity between mining business and government employees, all new mining rights applications and licences must disclose any such connections to the public for scrutiny of any possible conflicts of interest.
The Minister should also engage with the Public Service Commission to adapt the Code of Conduct for Public Service employees so as to avoid any such situations.
Regarding nationalisation, what is the point of nationalisation if it is only to benefit a few closely connected government men, or bail out stressed black economic empowerment participants? We must therefore interrogate the optimal method to achieve the true desired outcomes, namely economic growth, job creation and general wealth creation. Experience, research and common sense clearly show that nationalisation is not the answer.
We have only to look in our own backyard at Alexkor to see why. Alexkor, according to the Auditor-General's report for 2009-10, is effectively bankrupt, as it cannot meet its day-to-day obligations. [Interjections.]