Poverty is not by accident, it is by design — lower-income, less educated, voiceless people are so much easier to control. South Africa has given up its position as the biggest economy in Africa, with a GDP of $412-billion, to Nigeria at $505-billion and Egypt in second place at $469-billion.
Only business can substantially increase its investment in infrastructure and thereby deliver mega-projects on time, on budget and in full. But to do that, business needs a serious intervention to steer it back. Because it is incongruent to speak of a just society when business is seen to be at the apex of injustice. Business must reclaim its voice, integrity, reputation and credibility.
There is an urgent need for fiscal coordination. The Americas and European countries are now reviewing their economic policies. The just energy transition is being seen as the best chance to return to growth in years to come. In the Human Development Index, South Africa ranks in the second-lowest quartile. Half of the adult population lives below the poverty line and 19 million people of the 60 million population are dependent on social grants. No less than 47% of households ran out of food during Covid-19 lockdowns.
The problem is that when the ANC does finally get voted out of power, they will simply revert back to their old ways...
The writing was on the wall in 1993. We all said Africans could not run a sophisticated modern economy. Oh boy were we right. What a complete failure they have been. Africans want nice things but refuse to change their ideologies and attitudes.
This man has not said anything about Phala Phala. Why? Business did not deliver liberation in the country. In fact, they benefited hugely from apartheid. It has failed with transformation. Give us a break please
Big business are inbed with the ANC. Only the voters can rectify the royal fuck up! By voting the ANC out...
So say the man who has failed to transform Bidvest. Voetsek
Business already making small village towns more tolerable while Municipalities dismal. Affording Public toilets... Pedestrian paving .. Security guards for some limited protection . Cleaning. Jobs and Training and of much needed Goods and Services
You might need to be very careful with them too some aren't as Holy as they want us to believe they want to milk eskom ,municipalities, Covid and everything Government brings to the people...
But what has business had to contend with? Riots. Looting. But they are now our last hope? Are people now going to unite behind them?
Corporate media and big business in SA are in the same whatsup group as ANC.
I’m not sure how long it has to be increasingly clear before people stop voting for them, excusing them, thinking the next solution has arrived. The ANC has to collapse. For SA’s sake.
Very true indeed. Finally, someone thinking 🤔😁😁😁
Nope, Vote DA and see things change. Give them the mandate, if they F-up wait 5 years and kick them out. What have we got to lose
EXACTLY 'Poverty is not by accident, it is by design' ANC DESIGNED POVERTY in SouthAfrica!
We dnt take anything you say seriously, to Black people you like the daily sun.
abantu mabakhulume izinto zala beqhamuka khona.Siyazazi thina abalelizwe.Akahambe aye e Maseru akhulume ngezinto zakubo.
Besides issuing statements periodically, big business is not interested
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