The Failure of BEE

Siya Khumalo lamented HERE at how BEE had been used to benefit the few instead of the many. BEE (Black Economic Empowerment) is a policy of giving preference to those previously excluded from the economy by the Apartheid policies of the Nationalist Governments between 1948 and 1994. While it is true that few benefited from it while many did not, his plea that BEE should be made to work for the many set me to thinking that it was just one of many ANC policies that did not work for South Africa because the ANC simply did not and does not work for South Africa, but for itself.

This was my response to the article:

I am leader of Direct Democracy Forum (DDF), a registered SA political party (http://ddforum.co.za).

Maybe it is just the circles I mix in but I do not and have not, for many years, known any white or black South Africans who are unwilling to share what they have in terms of time, skills, expertise and knowledge, with their fellow South Africans, so I think Siya Khumalo’s analysis of our dilemma is a bit simplistic.

First, BEE has not and will not work because it interferes with our constitutionally guaranteed freedom of association.. The only sound economic policy for South Africa is a colour-blind policy that seeks to lift all out of poverty by engaging all, fully, in the South African economy, irrespective of their race, colour or creed. That will allow us all to share our time, skills, expertise and knowledge with our fellow South Africans, irrespective of our race, colour and creed. This would be a multi-directional engagement by and between us all based on the freedom to choose and the freedom of association guaranteed by our constitution. ANC policies, if anything, have stifled that freedom for too long and need to be discarded as soon as possible.

The problem is far more systemic than to bee or not to bee. It is more correctly viewed as the extent to which government should be and has been allowed to intrude into the private, commercial and industrial lives of its citizens.

Thuli Madonsela’s state capture report epitomises the extent of the abuse of that relationship by certain government agents and certain private citizens for the enormous profit of the few and the general expense of the many. In the opinion of the DDF this is criminal, and if not so, it should be.

DDF policies, are intended to address the many problems faced by our country and its citizens, on many levels and in many ways, and to provide our citizens the freedom to engage with one-another free of government restrictions and limitations.

It is our perception that most folk have enormous good will for one-another, and that if allowed to engage with one-another free of restraint, will do so for the betterment of themselves and of all, and, as they do that, South Africa will start healing from the scars of its history.

John Barrington.

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Junk Status still on the table

Looming credit downgrades are but one symptom of the economic turmoil wrought by political infighting in the ANC. In lock step are market performances which are very much on a downward trend and have been for the past 9 months or so, after a brief period of recovery early in the year. And we are nowhere near being out of trouble with possible junk status ratings in sight as soon as June 2017, unless there are some substantially positive changes in the management of the economy. (time is running out)

Nene-gate, Gordhan-gate, and political leadership hell bent on programs of self-gratification instead of listening to sound fiscal advice from the very people they appoint to watch the economy for them, are all contributing factors to the prospects of an impending junk status.

One wonders if it is the intent of the ANC to actually destroy the economy and whether they realise that in doing so they will also destroy the lives of the tens of millions of South Africans who rely on the economy for their daily bread, and what they, the ANC will do, once they have achieved their goal, how they will appease the poor and starving who have had the wealth of their nation and their communities and their homes smashed and littered at their feet.

The Direct Democracy Forum (DDF) recognise the interdependence of the nation-state and the economy and will use economic indicators as useful benchmarks for measuring their success in governance. DDF policies for Basic Income Grant and a Sovereign Wealth Fund will enable all South African Citizens to share in the fruits of the economy. The DDF believe that a wealthy nation will be a happy nation and gaining and sustaining that wealth for all in the country will be the primary goal of DDF economic policies, where the integrity and acumen of people such as Nene and Gordhan will be respected and supported and harnessed to attain those goals.

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