Fighting corruption with less politics and more business in South Africa
Both private and public sector corruption, whether moral or criminal, is a result of perverted incentives. These incentives are in turn a result of a political philosophy that regards it as at best appropriate, and at worst imperative, that policy (and political) considerations play a central role in commercial and economic decision-making. South Africa would […]
“Only R1.2 million” – government doesn’t understand its own BEE policy
The new Employment Equity Amendment Bill was recently published for public comment. Besides the already-well-documented problematic nature of government’s racialised empowerment policy, it is becoming increasingly clear that government has no inkling of the devastating consequences this policy has on South Africa’s economy or society. Opponents of racial empowerment policy might be quick to proclaim that of course government does not understand, as they have been pressing ahead with it […]
South Africa’s small enterprises still without support
According to the website of the Department of Small Business Development, the department seeks to ensure an “enabling legislative and policy environment” to support the growth and sustainability of South Africa’s small enterprises. If this is true – and the department’s track-record does not testify to its truthfulness – the department is making a mistake with the […]