RW Johnson: Nats on Apartheid mirrored by ANC on economic policy. Race-based idiocy

Loading player...
Political scientist RW Johnson exposes obvious parallels between the National Party’s Apartheid project and the ANC’s obsession with racially-based economic policies. Both had disastrous consequences - and required a radical re-think, fuelled by social unrest, before abandonment. The big question is whether Cyril Ramaphosa is able to adopt the radical change of an FW de Klerk or the timid, incrementally-based approach of PW Botha. Johnson spoke to BizNews editor Alec Hogg.
19 Aug 2024 8AM English South Africa Investing · Business News

Other recent episodes

SA's Competition Commission has become a handbrake on the economy: Rob Rose

Bryan Brownrigg was never a currency trader. He sold foreign exchange to Standard Bank's institutional clients for 23 years. But when the Competition Commission decided that 28 banks had run a single conspiracy to rig the rand, his name went into the complaint anyway, and it took a decade and…
11 Sep 7AM 20 min

He built a $1.5bn bank. Now Revolut, Discovery Bank and PEP are circling

In this interview with Irakli Rekhviashvili, Tyme Group co-founder Coenraad Jonker gives his take on what actually protects a digital bank once the competition catches up, and why he thinks the old rules of banking no longer apply. On competitive advantage, he says: "I'm saying to my guys increasingly, I…
11 Sep 7AM 50 min