Excellent Article by Adri Senekal de Wet questioning the links between Patrice Motsepe (President Ramaphosa’s brother in law) who is the biggest beneficiary of the Renewable “Independent “Power Provider contracts. It’s worth noting that Mr. Motsepe’s CEO in charge, Brian Dames sits on the World Economic Forum. How convenient is that?
Remember when they spinned the story about the Russian Nuclear Deal? well turns out that DeRuyer was wrong, you can, indeed, steal the sun.
In the corridors of power, where decisions shape the destiny of nations, one man has emerged as front runner for the dubious honour of being the architect of South Africa’s economic chaos – Minister of Public Enterprises Pravin Gordhan, at whose hands the country’s state-owned enterprises (SOEs) have all but collapsed.
In a young and emerging democracy, SOEs should play vital roles, such as contributing significantly to gross domestic product providing jobs, and supplying essential services to ensure the economic participation and inclusion of the people and businesses at all stages of the value creation chain.
This is what we call “state capture”?