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I went to Berlin some years ago, where the stark reality of the difference between free enterprise on one side and rent-seeking communism on the other was still clearly visible. It was a concrete wall that separated those, whereas in SA it is the wall between the private sector and the rent-seekers in the state and ANC (“Return to sender, this business is blown”, November 24).
That’s all the ANC can ever produce: rent-seekers. In biblical terms, tax collectors. Name one thing Cyril Ramaphosa did to earn his billions. He was just an early rent-seeker.
The desperation, almost panic, shown in Durban this week just shows that the honey pot is nearly empty. I feel desperately sorry for the people of Durban.
The Post Office was long ago sucked dry by a litany of leeches who couldn’t see a future beyond the next payday. Stella Ndabeni-Abrahams is just a graduate from the same university.
Richard Bryant, 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 Anonymous correspondence will not be published.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: The school of rent-seekers
I went to Berlin some years ago, where the stark reality of the difference between free enterprise on one side and rent-seeking communism on the other was still clearly visible. It was a concrete wall that separated those, whereas in SA it is the wall between the private sector and the rent-seekers in the state and ANC (“Return to sender, this business is blown”, November 24).
That’s all the ANC can ever produce: rent-seekers. In biblical terms, tax collectors. Name one thing Cyril Ramaphosa did to earn his billions. He was just an early rent-seeker.
The desperation, almost panic, shown in Durban this week just shows that the honey pot is nearly empty. I feel desperately sorry for the people of Durban.
The Post Office was long ago sucked dry by a litany of leeches who couldn’t see a future beyond the next payday. Stella Ndabeni-Abrahams is just a graduate from the same university.
Richard Bryant, 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.
PETER BRUCE: Return to sender, this business is blown
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Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.