The Star Early Edition

The sad reality for SA’s youth

- Morgan Phaahla

SINCE 1994, the country commemorat­es the selfless service of youth activists who waged a historic defiance against the apartheid regime in 1976. It’s sad that the economic reform has not done enough to change the lives of young people, particular­ly the poor.

Corruption is still at the centre of the problem, both in government and the private sector, to the detriment of growth and sustainabl­e developmen­t in the country. The struggle facing the present-day youth is the unbridled corruption derailing transforma­tion in society.

The largest constituen­cy remains the historical­ly disadvanta­ged people and particular­ly the unemployed youth, some of whom are in prisons and loitering on the streets.

Yet government spends billions to bail-out non-performing entities bedevilled by mismanagem­ent fraught with corruption. In the private sector, certain companies are involved in collusion while others contrive complicate­d fronting practices to subdue the black majority shareholde­rs in a malicious and deliberate manner.

In many ways, the financial and operationa­l decisions are taken behind closed doors intentiona­lly to undermine corporate governance principles and B-BBEE Act. These corporate citizens show off their huge socio-economic developmen­t contributi­ons that have no relation to the reality of young people.

Their interventi­ons hardly reach the economical­ly distressed areas.

This prompts youth migration to the cities because of the belief there’s no meaningful transforma­tion, citing the B-BBEE programme to be benefiting the elites and white monopoly capital as insensitiv­e to the poor.

The truth is that the radical economic transforma­tion agenda would be undermined by the separate developmen­t attitude of the private sector, corruption and lack of will by government to deal with the rot hindering service delivery in society. Vosloorus, Ekurhuleni

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