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What exactly is stopping black people from investing in mining themselves? (“Department makes moves to sidestep ruling on Mining Charter”, November 23)? They seemingly have unlimited resources in the Public Investment Corporation and others.
The parasitic nature of “transformation” is sucking the life blood out of our economy. The lost tax revenue from lack of mining investment due to this sort of legalised theft disguised as social justice is mind-blowing.
Ian Ferguson, BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: Parasitic transformation
What exactly is stopping black people from investing in mining themselves? (“Department makes moves to sidestep ruling on Mining Charter”, November 23)? They seemingly have unlimited resources in the Public Investment Corporation and others.
The parasitic nature of “transformation” is sucking the life blood out of our economy. The lost tax revenue from lack of mining investment due to this sort of legalised theft disguised as social justice is mind-blowing.
Ian Ferguson, BusinessLIVE
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Department makes moves to sidestep ruling on Mining Charter
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