Mathunjwa calls for nationalisation of mines, slams those calling on Zuma to step down

Mathunjwa says in order for change to take place, a radical disruption of capital needs to take place.

A screengrab of Amcu President Joseph Mathunjwa. Picture: Twitter/@_AMCU.

JOHANNESBURG - Association of Mineworkers and Construction Union (Amcu) President Joseph Mathunjwa says government should nationalise a portion of the mines in order to address the inequalities in South Africa.

Mathunjwa was speaking at the Jo'burg Indaba in Sandton today, where business leaders have been meeting over the past two days.



He says in order for change to take place, a radical disruption of capital needs to take place.

He says in order for change to take place, a radical disruption of capital needs to take place.

Mathunjwa says the extraction of mineral resources with no benefit to the country needs to change.

"There must be a portion that the government nationalises and a certain percentage privatised, but at this point in time the current system doesn't work for anyone."

MATHUNJWA SLAMS THOSE CALLING ON ZUMA TO STEP DOWN

During the first part of the conference yesterday, business executives Sipho Pityana and Neal Froneman also used the platform to re-iterate calls for President Jacob Zuma to step down.

Mathunjwa says those calling for Zuma to step down are doing so not in the interest of the country, but for their own personal gain.

The union boss's comments are in sharp contrast to mining executives who have called on the president to resign.

"I think everyone is concerned not because of the country and the nation, but because of their own selfish interest."

Mathunjwa adds irrespective of who's in the African National Congress leadership, it's the near liberal policies that need to change.

"We want a transformation in terms of the economic policies of the country."



Dr James Motlatsi, who was the non-executive chairperson at Shanduka, adds it's now fashionable to call on President Zuma to step down.

"I need the people of South Africa to follow the right processes rather than to shoot from the hip."

Meanwhile, the presidency has also issued a statement that it is seriously concerned about the relentless attacks on the president.

LISTEN: Joseph Mathunjwa call for nationalisation of mines at Joburg Indaba