MUCH WORK NEEDED TO CRE­ATE EQUAL­ITY IN SA

Finweek English Edition - - FEEDBACK -

Your cover story ‘Boer’ bil­lion- aires (3 Oc­to­ber edi­tion) makes for some in­ter­est­ing read­ing al­most 20 years af­ter the dawn of demo­cratic rule in South Africa. The ar­ti­cle con­tra­dicts the widely-held be­lief in the new SA, that the white male Afrikaner species is be­ing dis­crim­i­nated against and per­se­cuted, as it ben­e­fited more than any other in apartheid SA and it con­tin­ues to do so in demo­cratic SA.

The pos­i­tive is that al­most all those fea­tured “Boer bil­lion­aires” are game-chang­ers and in­no­va­tors in their in­dus­tries and have built em­pires be­yond the bor­ders of SA. At least the dawn of democ­racy has opened doors for all South Africans to be glob­ally com­pet­i­tive and the Bo­ers have clearly taken full ad­van­tage of the open mar­ket.

On the other hand, it’s quite clear that the in­equal­i­ties of the past will haunt us for a long time to come. It’s in­cum­bent upon the Gov­ern­ment to cre­ate a nur­tur­ing en­vi­ron­ment in which bud­ding en­trepreneurs can thrive. It’s no ac­ci­dent that the Bro Broeder­bond brigade has pro pro­duced 10 bil­lion­aires dur­ing d 20 years of de­moc demo­cratic rule. BEE will f fail if its sole aim is to cre­ate an elite cliqu clique of wealthy in­divi di­vid­u­als. More fo­cus on em­pow­er­ing the pre pre­vi­ously dis­en­fra fran­chised will go a long way to­wards r re­dress­ing the inequ qual­i­ties of the past.

Kiekie Mboweni

Nkowankowa, Lim­popo

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