BOARDROOM TAILS
ANN CROTTY: The change that could have been
It would have sent a powerful message if SOEs had undertaken to pay only modestly generous remuneration packages to their executives
There’s not much in the ANC’s recent history to encourage the view that the likely objective of radical economic transformation is to prise control of the economy out of white hands and place it in black hands, to be used to enhance the well-being of all South Africans. More likely the objective is to replace whites in "white monopoly capital" with blacks, making it "black monopoly capital". If the ANC is really interested in radical economic transformation it need look no further than the British Conservative Party. It’s not the most obvious source of radical ideas, but if you’re looking for radical ideas that stand a chance of being implemented, a few of the items on that party’s to-do list are worth considering. Of course there are reasons for rejecting something just because it’s part of a Conservative Party agenda and we should not embrace anything wholeheartedly from a foreign entity, let alone from the party that led the UK through much of its colonial era.
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