PRES­I­DEN­TIAL EN­COUR­AGE­MENT

Finweek English Edition - - Letters -

THANK YOU for your sym­pa­thetic cover ar­ti­cle on Pallinghurst’s project and fund­ing ini­tia­tives. Sadly, it was marred by the gra­tu­itous and in­ap­pro­pri­ate ref­er­ence to a “spine­less Zuma” – both on the cover and in the head­line of the ar­ti­cle. I could find no mo­ti­va­tion for or ref­er­ence to such a deroga­tory state­ment in the ar­ti­cle it­self.

I should like you to be aware that South Africa and its poli­cies were a ma­te­rial part of our new in­vestors’ due dili­gence pro­cesses be­fore they in­vested and that, fur­ther­more, the Pres­i­dent has given val­ued en­cour­age­ment to our ini­tia­tives, to the ex­tent two of his Cabi­net col­leagues at­tended our sign­ing cer­e­monies.

Yours sin­cerely, Africa’s met­als in­dus­try – Govern­ment [Zuma is the ul­ti­mate rep­re­sen­ta­tive of Govern­ment – Edi­tor] and in­dus­try are bat­ting about de­tails of fresh em­pow­er­ment laws amid per­cep­tions the sec­tor hasn’t trans­formed well enough – this is a sig­nif­i­cant devel­op­ment.”

“Dur­ing one site visit, in which the Dutch were walked through Plat­min’s pro­posed 250 0000z/year Pi­lanes­berg Plat­inum Mines prospect in North West prov­ince, Julius Malema – the bloody-minded ANC Youth League pres­i­dent – had again burst into the spot­light af­ter in­ten­si­fy­ing his calls to na­tion­alise SA’s min­ing as­sets [once again, with­out be­ing rep­ri­manded by Zuma – Edi­tor].” his own years in ex­ile, vent­ing your spleen is un­der­stand­able, about “dark suits and large Hom­burg hats... stout women”. Did he ever ob­serve the size of his fel­low ANC fe­male Cabi­net col­leagues and MPs?

As for his com­ment: “...lit­tle real de­bate in the House of Assem­bly” I beg to dif­fer. There’s no de­bate now. That was killed by the mea­sures put in place by his col­league Tony Yen­geni as ANC Chief Whip while As­mal was in the Cabi­net. The cur­tail­ment of ques­tions, speak­ing time al­lo­cated by per­cent­age and ex­clud­ing min­is­te­rial time from such al­lo­ca­tions – and also al­low­ing speeches to be read (some­times with all the as­ton­ish­ment of some­one look­ing at a road map for the first time) – have all con­trib­uted to the cur­rent lack of de­bate.

In fact, the “strik­ing woman” he refers to pub­licly stated some years ago the Nats – with all their faults – at least re­spected the in­sti­tu­tion of Par­lia­ment more than the ANC; and in her mem­oirs stated: “Dur­ing those years the Speaker prob­a­bly al­lowed me, a mi­nor­ity of one, more speak­ing time than 10 other MP’s to­gether”. That can’t be said of Par­lia­ment to­day. And let’s not for­get the state of Chap­ter 9, the in­sti­tu­tions the good pro­fes­sor in­ves­ti­gated.

Thus while we have pro­gressed and

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