Families of senior members have grown exceedingly wealthy
Former president Thabo Mbeki’s sharp criticism and rebuke of President Cyril Ramaphosa’s lack of a policy to address huge unemployment and poverty in the black community was disingenuous and opportunistic .
Rampant unemployment and chronic poverty were prevalent in the black community before 1994. Mbeki was a main player in the formulation of the economic policies of our country, as evidenced by the Gear policy. The economic quagmire the majority of the black community finds itself in is a result of a lack of vision and courage by the ANC, including Mbeki, to formulate an appropriate economic policy to address the imbalances created by apartheid.
It is remarkable to note that the net worth of families of senior ANC members has grown exponentially since 1994. This phenomenon is captured neatly in the infamous remarks of a former senior ANC official: “I did not struggle to be poor.”Jeffrey Mothuloe
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
LETTER: Tweedledum and Tweedledee spanner in energy worksThe absence of an independent power utility expert to chair implementation by skilled people is lamentable
Read more »
LETTER | No more migrating to SALet us remake ourselves as custodians of the Zimbabwean liberation.
Read more »
LETTER | No more migrating to SALet us remake ourselves as custodians of the Zimbabwean liberation.
Read more »