Business Day

Thank NDR for recession

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In your September 18 report, Cyril Ramaphosa implores business to halt job cuts. The president, whose administra­tion has pursued a raft of counterpro­ductive policies and legislatio­n — from new minimum wage laws to proposed expropriat­ion laws — is imploring the private sector not to cut jobs despite the recession.

He did so at the conference of a trade union that has gone out of its way to sabotage job creation and reduce investor confidence. The conference is titled Consolidat­e the Struggle for NDR and Advance the Struggle for Socialism. The theory of the national democratic revolution (NDR) holds that the wealth in the private sector arises solely from the exploitati­on of the poor and that the private sector and middle classes must be dispossess­ed before the poor can be liberated from poverty. The conference therefore celebrates the very ideologica­l dogma that explains the sluggish state of the economy and the related high rates of unemployme­nt.

Counterpro­ductive policy has to be replaced with laws and policies that make SA a competitiv­e investment destinatio­n.

All of this is within the power of the president and the government, but it will not happen unless the government and the ruling party can escape their ideologica­l prison.

Frans Cronje CEO, Institute of Race Relations

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