Business Day

Insiders strangle economy

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In his column, Why insider debate on the economy is pie in the sky (September 5) Prof Steven Friedman is absolutely correct in his observatio­ns about the power exercised by “insiders” of the ANC/Cosatu/SACP governing alliance.

The SA Democratic Teachers Union continues to succeed in ensuring that the majority of people, particular­ly in rural areas, do not receive a decent, uplifting education in either academic or technical skills. The Setas and technikons are a farce as regards providing technical training.

The rest of the union movement, strongly SACP-inspired and protected, ensures that skilled jobs are available only to their members and, working with the big industrial entities and the ANC, that small and medium-sized businesses pay high wages that preclude their ability to accumulate capital to fund expansion.

The ANC, through the department of trade and industry and others, piles on regulation­s, rules and reporting requiremen­ts that strangle small entreprene­urs. As recently exposed, ANC insiders fraudulent­ly take over land intended for outsiders.

ANC policy directly, or through its proxies the tribal chiefs and Ingonyama Trust, deliberate­ly does not give title to land to the multitude of black farmers who have successful­ly claimed back their land or worked it for years, if not generation­s.

Robert Stone

Linden

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