Xolani Qubeka

Ar­gues that Her­man Mashaba’s take on black in­dus­tri­al­ists is jaun­diced and that pol­icy is re­quired to cre­ate strong black-owned firms

CityPress - - Business - Qubeka is sec­re­tary-gen­eral of the Black Business Coun­cil and chief ex­ec­u­tive of the Small Business De­vel­op­ment In­sti­tute

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.

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