When Black Economic Empowerment (BEE) was introduced, the goal was less about true empowerment and more about punishing the white community, a very small minority in South Africa.
In reality, genuine transformation never happened. Today, the poorest, the unemployed, the unskilled, and the uneducated are still overwhelmingly Black.
Instead of enacting policies that merely turned former trade unionists and political activists into multimillionaires and billionaires, South Africa needed sound economic strategies.
Instead, it got the BEE scam, which locked down the economy, halted production, and choked progress.
Talk about "correcting the injustices of the past".
Cyril has done well legislating* himself into obscene wealth.
With a very conservative estimate of Ramaphosa's (legal) wealth, he is 8 TIMES MORE WEALTHY than ALL of the last 3 presidents (De Klerk + Both + Viljoen) before 1994 COMBINED!
*He didn't make his money as a 'businessman'; he was a key player in the creation of the 'black empowerment' laws and leveraged those, and God only knows about all his illegal income.
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🇿🇦A Tax Revolt Is Coming ⁉️
A TAX REVOLT is definitely coming.... It's the only ammunition we have left.
#TaxSlaves ....That is all we are!
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This is why SARS is increasingly viewed to be an oppressive bully.
SARS needs to provide a service. In Switzerland the revenue services send taxpayers thank you letters for paying tax. SARS needs to reform or we will remind it of what happened to the SABC's TV license @sarstax
Willie Spies, the Freedom Front Plus’s (FF+’s) mayoral candidate for the Tshwane Metro, said that the Democratic Alliance (DA) has adopted a socialist ANC philosophy.
https://t.co/7ZcBhdlbf3