Potential rise in mining taxes, despite downgrading of SA debt

Despite the nation’s debt being downgraded due to slow economic growth and the mining strikes, the ANC may call for an increase in mining taxes. ANC head of economic policy Enoch Godongwana has said that this is a very tight situation to be in – does the ANC appease the financial services companies like Moody’s and Standard & Poor, or does it deal with the constituencies it is facing?

Original article: http://www.bloomberg.com/news/2012-12-05/south-africa-s-anc-may-ignore-moody-s-by-increasing-mining-taxes.html