Smoky investment conferences pull wool over eyes of gullible, poor South Africans

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PRINCE MASHELE | Smoky investment conferences pull wool over eyes of gullible, poor South Africans

In a quarter of a century, the ANC has produced an army of underclass young people who are out of work and out of school, says the writer.There is a saying of unknown origin:"Numbers don't lie." Whoever invented it failed to complete it.When Jacob Zuma was president, he used to stand in parliament every February to promise five million jobs or"job opportunities". When he was booted out of the Union Buildings, there were more unemployed South Africans than before.

Last year, we were treated to investment conferences after investment conferences, followed by gender summits and other jamborees. Recent unemployment numbers tell us what has happened since Ramaphosa took over, and what will happen in the next five years.

 

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