Reserve Bank governor Tito Mboweni would not get a good African National Congress (ANC) position if he continued to say that South African mines would not be nationalised, ANC Youth League president Julius Malema said on Monday.

"We don't want Tito's statement that the mines will not be nationalised. Tito is nothing in the ANC. If he continues, he will not get a nice deployment," said Malema, addressing University of Zululand students at the Empangeni campus.

The youth wing would ensure that South African mines were
nationalised so that the wealth generated could be used to improve service delivery.

"I want to tell you that the tax alone can take care of people. In Botswana, De Beers owns 49% and government owns 51%. The money generated in mines is used to improve the lives of people there."

Malema said the ANC had been monitoring Mboweni for a long time, and that his contract as governor had not been renewed because of his behaviour.

"We know that he had views about President Jacob Zuma before Polokwane. We know that he did not like Zuma."

There was a media outcry when Malema first called for South African mines to be nationalised a few months ago.