South Africa is not being governed to benefit its people. It’s being dismantled and sold off to provide oodles of cash to a small political elite.
Unfortunately, asset strippers sense juicy pickings like scavengers sense carrion. The strippers grab managerial control, often through the ploy of promising the greedy grasshoppers – um, shareholders – that they will “unlock value”. Meaning, let’s binge on the granary. These alliance grasshoppers have financially eviscerated Eskom and SAA. At PetroSA, they sold off the entire crude oil reserve of 10 million barrels at $28 a barrel when the international price was around $40 – straight into the pockets of some offshore investors.
Locusts not grasshoppers.
WaSwele So according to the author it is better to privatize, like did Mbeki, than to have a government that is competent and which cares for the people. He further suggests that Ramaphosa can continue where Mbeki ended —with privatization— but the resistance from the ANC NEC is much.
...the DA grasshoppers have stripped RSA long ago and are sitting with their bellies full ,playing holier than thou
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