The accompanying cutting, from today’s Mercury, serves to confirm that South Africa is indisputably on a Zimbabwe-style road to rack-and-ruin: Black ANC government ministers, including King Kong himself, regularly attend overseas’ business conferences to attract Overseas’ Investors. Any potential Investors must, however, be warned about the accompanying article and be warned about the treachery of our black leadership scum. Furthermore, I must remind potential investors about the perils of the ANC government’s racist Affirmative Action/Employment Equity, and BEE, regulations: inexperienced, poorly-educated, parasitical blacks must be given employment preference, irrespective of more competent, better-qualified Whites.
Stipulated minimum wages, furthermore, are proving to be very inflationary in the light of poor productivity. Similarly, Black Economic Empowerment is a situation in which politically-connected blacks get handed huge sums of cash, to start their own businesses, but these morons seem to think that “turnover is profit,” and spend everything on big homes, luxury vehicles and expensive clothes, etc. The BEE success rate is estimated to be less-than 10% but government continues with this drain on our fiscus!
A long story but l would certainly think twice before investing in this Gucci-Socialistic, crime-ridden country!
THE ANC is placing emphasis on the need to speed up land redistribution amid increasing pressure from opposition such as the EFF and Numsa. ANC secretary-general Gwede Mantashe said yesterday that the ruling party was calling for a cap on land...