LETTER: The next 18 months are critical for SA
The ANC conference in December may result in a rebuilding of the ANC leadership; let’s hope it’s a better one than we have now
The next 18 months are going to be critical for this country. The ANC conference in December may result in a rebuilding of the ANC leadership, to take us forward in a positive direction. If it does not do so, the prospect for positive change will have to await the 2019 elections. What has happened over the last decade has been tragic for SA. Prior to 1994, SA was blighted by apartheid. Having shed that burden and having enjoyed a positive period of new democracy and the building of a "Rainbow Nation", a model to the world, we are now viewed internationally as a corrupt state, unfit for investment. There are probably about a couple of thousand people who have benefited from the looting of state resources, with billions of rand being cached overseas. They have destroyed the image of the country and weakened the currency, resulting in higher interest rates and a depressed economy. Unemployment and poverty have worsened because of their selfish greed. Years ago, an investment profession...
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