South Africa economy 'remains in hands of white males'

The Telegraph ^ | 26 June 2012 | Aislinn Laing

[MinorityRepublican]

Mr Zuma said that the African National Congress's advances since it won power in 1994 had been "primarily political". He admitted that it has been unable to so far reach its goal of "a truly prosperous, inclusive, non-racial and non-sexist society".

He said that the ANC would now be looking at increasing taxes on mining firms profiting from South Africa's rich natural resources, and a revamp of the policy to transfer land from white to black ownership.

"The time has come to do something more drastic to accelerate change, towards economic transformation and freedom," Mr Zuma said.

Mr Zuma was speaking to an estimated 3,000 delegates at the ANC's five-year National Policy Conference in Midrand, north of Johannesburg.

He pointed to advances made by the ANC since Nelson Mandela's day – including the building of 2.5 million houses for the poor, the provision of clean water to a further 6m, and electricity to 5m. The ANC has established a social benefits system, which now helps 15m people.

[ex91B10]

Which is why ammo/weapons sales are through the roof...

[1066AD]

a revamp of the policy to transfer land from white to black ownership.

It's already started in the time honored fashion; murder of (mostly elderly) white farmers. Media ignores it.

[blam]

"Once our government hits the wall of bankruptcy and can no longer borrow money to hand out they will increase the confiscation of personal wealth to fuel the wealth transfers."

If the government don't/won't...well, you know who will.

Prepare now.

[Crucial]

Are these the whites that escaped the machete?

[Covenantor]

I think you intended your reply to chode’s post #17.

I merely bookmarked the DeToit item for later reading.