Reportedly connected to the highest echelons of his government, he manages to convey tough messages to Pretoria, wrapped in layers of praise.
During his speech at a reception in Pretoria to celebrate last week’s 70th anniversary of the founding of the People’s Republic of China, Lin enthused that “under the leadership of President Cyril Ramaphosa, South Africa is embracing a new era of ‘development and renewal”.
He noted that despite signing an agreement with China to join the BRI, South Africa had not yet undertaken a BRI infrastructure project. And by investing in new technology, the Chinese company had extended the potential life of the mine to 2038.But the manager and the CEO have cried to me that they have the mine production but the transportation is a big challenge,” he said.The railway you have, I am sorry to say, is too old and too slow” and so the Chinese investors who had promised to sink $10-billion into PMC had now become cautious, not only because of the old and slow rail service but also the unreliable electricity.
South Africa has no guts to make bold changes to redress our economic challenges. We always scratch the surface. We need leadership that can boldly address challenges in SOE's and the banking sector. Inject money in infrastructure development and maintenance and improve on GDP.