When these are under the control and ownership of the people as a whole, then all other private individuals shall have the rights to trade where they choose, to manufacture and to enter all trades, crafts and professions.In his first public address after the release of political prisoners in 1990, Nelson Mandela said, “nationalisation of the mines, banks and monopoly industries is ANC policy, and any change to this policy is inconceivable” (Nattrass, 1994). It is important to note that this articulation was not part of his written speech, but something he said as a way of re affirming the central message of the ANC. What many people do not know is that President Mandela made this statement in direct response to the assurances given to apartheid capitalists by the political leadership in exile that the Freedom Charter might be abandoned.The statement most certainly heralded an intense political, ideological, economic and tactical discussion in the ANC on whether it will be wise to pursue nationalisation of strategic sectors of the economy upon assumption of political power in 1994 and whether it would be wise to make such a discussion part of the transition negotiations.
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