Argues that Herman Mashaba’s take on black industrialists is jaundiced and that policy is required to create strong black-owned firms
power to serve as a game-changer, at a time when Afrikaners comprised about 2% of the economy, mostly in agriculture.
The Nats realised poor Afrikaners were competing for the same jobs as blacks and that is probably one of the reasons segregation and job reservation (read “affirmative action”) was introduced.
The Nats mobilised Afrikaner brain power in all facets of society into a unity of purpose to drive Afrikaner empowerment, including the clandestine Broederbond (read modern-day transparent BBC).
The Nats’ project was successful because they did not have Afrikaner apologists criticising their cause. Instead they mobilised and used the power of the state to create an Afrikaner economic power base.
Your Volkskas, Allied and Sanlam banks formed part of this hegemony.
Similarly, we have to create strong, black-owned firms to promote African hegemony, including strengthening our skills base with the massive production of engineers, artisans, researchers and scientists.