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Assessing and promoting civil and minority rights in South Africa.

[Source: Business Day by Tony Leon.]

Three discrete encounters in Johannesburg recently reinforced the singular, stark economic darkness that now clouds the hype and hope of the Cyril Ramaphosa “new dawn”.

First off, I listened to an acute analysis on the essential problem with our economy and its misdiagnosis by the governing ANC. Moeletsi Mbeki — an analyst of our political economy and the author, among other works, of the aptly named Architects of Poverty, a sweeping indictment of the paraphernalia of elite-centred redistribution — does not pull his punches.

His aim is the essential unity between the past decades of Afrikaner nationalism and the current epoch of African nationalism. “You can make a meal of the similarities,” he noted. Both, in his view, are grounded in the politics of resentment or, in his words, have “reparations”, not growth or the restructuring of the economy, as their essence.

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South Africa at a Glance
58 780 000 (mid 2019 estimate)
3.7% y/y in October 2019 (CPI) & +4.1 y/y in September 2019 (PPI)
3.1% q/q (2nd quarter of 2019)
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