Majubametro 22
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31 August 2017<br />
Majuba METRO<br />
PERISCOPE FROM PAGE 6<br />
The ANC has a chance in December this year to<br />
part with a leadership that has forgotten who elected<br />
them and that their job is to fight poverty through<br />
the mechanism of a vibrant and strong economy.<br />
Those who set the table of opportunity have become<br />
less and less, instead of more.<br />
We cannot call our policies a success when unemployment<br />
grows, the economy shrinks, and foreign<br />
investors look elsewhere to place their funds. We<br />
cannot have Ministers who wipe off billions of our<br />
stock market with ill-timed, ill-considered populist<br />
Charter announcements.<br />
So, unfortunately, political leadership and economic<br />
growth go hand in hand. I unashamedly call on my<br />
party to elect leaders who do not stuff their pockets<br />
full of dirty money, but those-and they are still there<br />
in our party-who understand that we should be<br />
servants of those who look to us for bread on their<br />
table and a roof over their heads.<br />
Our current leadership has criminally neglected<br />
their duty to uplift the living standards of the poorest<br />
of the poor and to liberate those regulations,<br />
institutions and instruments that will enhance and<br />
promote faster economic growth. Democracy must<br />
now do what it does best, and that is to evict those<br />
who have outstayed their welcome, and elect new,<br />
honest incumbents of our countries’ highest offices.<br />
The shocking state in which our party finds itself<br />
in is illustrated by the fact that the party leadership,<br />
and the parliamentary caucus, is fighting tooth and<br />
nail to ensure that ANC members of parliament do<br />
NOT vote their conscience. We are very far down<br />
the slippery slope of militarism if that is our best<br />
response to a no-confidence proposal.<br />
Muzzling members and stifling free speech is the<br />
original political sin and far, far removed from ANC<br />
culture. It is a sure way to deepen the divisions in<br />
the party and pave the way for future split.<br />
We have, unfortunately, since the wonderful events<br />
of 1994, increasingly lost the value of a “good address”<br />
in the global investment context.<br />
Although I fear that it will be debated to death before<br />
anything happens I support some of the recently<br />
announced guidelines by the Minister of Finance.<br />
Any shares, however, sold in the state owned companies<br />
should be substantial so that shareholders, as is<br />
the case with Telkom, could have a real say in their<br />
running and combatting corruption.<br />
I would go further than the carefully worded announcement.<br />
I would also ensure that the current<br />
precedent is changed and that the Chairman of the<br />
PIC should not, as is currently the case, be a politician.<br />
Business is best left to businessmen and women<br />
and politics best left to politicians.<br />
Unfortunately, the short-sighted hate speech campaigns<br />
of the Guptas and Bell Pottingers’ of this world<br />
also finds its way into business as certain unsavoury<br />
elements view commercial racism as a perfect vehicle<br />
to get rich without lifting a finger. Such an approach<br />
can never work in the long term. We need to take colour<br />
out of business, and sacrifice whatever necessary<br />
to ensure that every single action we take promotes<br />
business partnerships that accelerates growth.<br />
The Question is, “What is to be done?”<br />
I propose we do the following going forward:<br />
• Sweep out our current leadership, together with<br />
their Saxonwold puppet masters.<br />
• Elect a new, accountable leadership with no ties to<br />
those who wanted to sell South Africa to the highest<br />
bidder.<br />
• Strengthen our democracy and, in particular those<br />
non-profit organizations that fight for the rights of the<br />
vulnerable.<br />
• Speak truth to power, whatever the personal cost.<br />
• De-racialize our economic discourse.<br />
• Strengthen those businesses with a proven globally<br />
competitive record<br />
• Unleash small businesses from their regulatory<br />
chains.<br />
• Rethink BEE so that it moves from tokenism to real<br />
participation and value-add.<br />
• Take away politicians from the control of the day to<br />
day running of state owned companies.<br />
• Sell substantial shareholding in state owned entities.<br />
• Rethink and streamline the number of ministries<br />
and departments that deal with the economy.<br />
• Place ambassadors in wealthy countries with sound<br />
knowledge and experience in business.<br />
• Support those innovative companies that offer<br />
supplementary offerings to governments’ bouquet in<br />
education, health, energy and construction.<br />
• Invest in the development of business and political<br />
leaders that view the constraints of the global economy<br />
not as an excuse for their failings, but as an opportunity<br />
to create new products, jobs and wealth.<br />
Ek se vir u dankie vir die wonderlike werk wat u<br />
doen. Hou moed en laat geen steen onaangeraak in u<br />
poging om goeie, bydraende, opbouende Suid-Afrikaners<br />
te wees nie. U sal, en ek herhaal, u sal, in die<br />
einde seevier.<br />
Geen uitdaging is te groot vir hom of haar wie die<br />
selfvertroue en nasietrots het om dit te konfronteer<br />
nie.<br />
I thank you.<br />
7