BN@10: GG Alcock - SA has become a nation of capitalists, not socialist revolutionaries, ANC is out of touch

Loading player...
In one of the most powerful interactions of the BizNews@10 conference, ’Kasinomics expert GG Alcock unpacks South Africa’s informal economy, booming entrepreneurship and out-of-touch government policies. He says this illustrates the massive disconnect between the ANC’s socialist beliefs and the capitalist reality evident everywhere in the country’s townships. It’s a wake-up call for the ANC leadership, its Blue Light Brigade whose distance from voters has caused them to act and legislate as though the country were still in the pre-1994 era. - Alec Hogg Learn more about your ad choices. Visit megaphone.fm/adchoices
17 Aug 2023 5AM English South Africa Investing · Business News

Other recent episodes

The NdB Sunday Show | What Cyril knew before the Mkhwanazi presser…

In this edition of the NdB Sunday Show, Chris Steyn and independent intelligence analyst Jasmine Opperman talk about testimony at the Madlanga Commission of Inquiry that - six days before whistleblowing General Nhlanhla Mkhwanazi called his bombshell press conference - President Cyril Ramaphosa had a verbal intelligence briefing in which…
15 Nov 7AM 34 min

BN Edge | Piet le Roux: ICASA, Starlink and the true cost of BEE

To sell internet access in South Africa, you first have to show ICASA the race of your shareholders. Sakeliga has now taken the regulator to the Pretoria High Court, but, oddly, not to scrap the 30% black-ownership rule. Chief executive Piet le Roux told Alec Hogg why he chose the…
13 Nov 6AM 28 min