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South Africa must reform white-dominated economy: (Current president Jacob) Zuma
Reuters ^ | Tue Jun 26, 2012 11:42am EDT | Jon Herskovitz and Peroshni Govender

Posted on 06/28/2012 3:12:34 PM PDT by Olog-hai

South Africa's economy is still largely under the control of whites who held power under apartheid, President Jacob Zuma said on Tuesday, and he called for a "dramatic shift" to redress the wealth balance more evenly in favor of the black majority.

Such calls have been a staple of ANC strategy documents for years, and Zuma's policy speech comes months before he will seek re-election as leader of the faction-ridden movement in December. He has also been facing demands from the party's youth wing to nationalize mines and seize white-owned farmland.

Zuma, speaking at the start of a major policy meeting of his ruling African National Congress, said the challenges of poverty, unemployment and inequality posed long-term risks for Africa's richest country 18 years after the end of apartheid.

"The structure of the apartheid-era economy has remained largely intact," Zuma told several thousand ANC delegates.

"The ownership of the economy is still primarily in the hands of white males as it has always been," he added.

Without giving details, he called for a "dramatic shift and giant leap" in coming years to spread the country's wealth more equitably, mentioning the distribution of mineral resources and land ownership as areas which needed to be overhauled.

Zuma said this proposed "second transition" was necessary to complement the negotiated end of apartheid in 1994, when he said "certain compromises" over economic ownership had been made to ensure a smooth political transition from white minority rule. …

(Excerpt) Read more at reuters.com ...


TOPICS: Business/Economy; Crime/Corruption; Culture/Society; Government
KEYWORDS: anccommunists; antiwhiteracism; jacobzuma; southafrica; zuma
. . . meanwhile, Bishop Desmond Tutu said last year that the reign of the ANC has been worse than apartheid. That is what happens when you allow racist communistic terrorists to rule the country . . .
1 posted on 06/28/2012 3:12:41 PM PDT by Olog-hai
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To: Olog-hai

At first I thought I was reading about Obama. Whites are blamed for everything and I guess you also heard that Obama is going to work with Africa on trade and on their economy. Maybe he is behind this?


2 posted on 06/28/2012 3:16:54 PM PDT by katiedidit1 ("This is one race of people for whom psychoanalysis is of no use whatsoever." the Irish)
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To: Olog-hai

Zimbabwe is the model of native centric government. LOL


3 posted on 06/28/2012 3:18:41 PM PDT by cripplecreek (What does it profit a man if he gains the whole world but loses his soul?)
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To: Olog-hai

Hear those war drums pounding? The savages are sharpening their spears for you Whitey. You better be ready to take it to them without remorse or mercy if you want to survive. I’m sure glad not to be there.


4 posted on 06/28/2012 3:19:45 PM PDT by Trod Upon (Obama: Making the Carter malaise look good. Misery Index in 3...2...1)
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To: Olog-hai

South African whites better get ready to be Black Ku Klux Klanned out of RSA. This will be Zimbabwe on Steroids

There is still yet to be a African nation achieve any sort of human development since the continent was returned to blacks. Gabon comes close...but they have a little problem with SLAVERY over there


5 posted on 06/28/2012 3:21:38 PM PDT by SeminoleCounty (When I said "close the borders", I did not mean the bookstore chain)
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To: Olog-hai

Welcome back to Zululand.

I give it 20 years.


6 posted on 06/28/2012 3:21:45 PM PDT by EyeGuy (Armed, judgmental, fiscally responsible heterosexual.)
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To: Olog-hai

All we need is more starving Africans putting demands on the US purse strings. A little piece of advice for the consistently stupid “you might want to learn to work the farm equipment and put a seed in the ground before killing your meal ticket”.


7 posted on 06/28/2012 3:26:57 PM PDT by formosa (Formosa)
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To: Olog-hai

How long before the widespread starvation begins?


8 posted on 06/28/2012 3:27:07 PM PDT by Will88
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To: Olog-hai

South African Blacks, please study Rodney King.

He was awarded $3.8 million dollars and went right through it.

To the contrary, taking from those capable of producing wealth does not make others wealthy, it merely destroys wealth.

Eliminate these White owners and you’ll see crime on a level you have never seen it before, and in ten to twenty years, your nation will have been financially destroyed.

Knowing you won’t listen, I am sad for you. I know what your future holds for you, if you go down this road. And you most certainly will.


9 posted on 06/28/2012 3:30:30 PM PDT by DoughtyOne (Remove all Democrats from the Republican party, and we won't have much Left, just a lot of Right.)
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To: Olog-hai

That’s exactly what Mugabe said!


10 posted on 06/28/2012 3:32:31 PM PDT by E. Pluribus Unum (Government is the religion of the sociopath.)
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To: Olog-hai

As one of my smart , but, illiterate African employees stated...Black men cannot run Africa, how can one run America? A wonderful observation from West Africa.


11 posted on 06/28/2012 3:35:00 PM PDT by himno hero (hadnuff)
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To: Will88

“How long before the widespread starvation begins?”

In Zimbabwe, it started about a week after they ate the farmers.


12 posted on 06/28/2012 3:35:28 PM PDT by BlazingArizona
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To: Olog-hai
Zuma's got a point.After all,look at all the blessings that Comrade Mugabe has brought to Zimbabweans...both black and white.
13 posted on 06/28/2012 3:47:46 PM PDT by Gay State Conservative (Bill Ayers Was *Not* "Just Some Guy In The Neighborhood")
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To: Olog-hai

All non-ANC should move to Western Cape.

Declare independence.

Federate with Namibia.

Put lots of troops on the border with what is left of Soot-Afrika.


14 posted on 06/28/2012 3:49:13 PM PDT by VanDeKoik
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To: Olog-hai

New Zimbabwe.


15 posted on 06/28/2012 3:50:20 PM PDT by Bon mots ("When seconds count, the police are just minutes away...")
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To: himno hero
As one of my smart , but, illiterate African employees stated...Black men cannot run Africa, how can one run America? A wonderful observation from West Africa.

That employee's statement is rather broad,regarding who can and cannot "run" the US but it's been established without a doubt that there's at least one half black,half white man who can't run it.

16 posted on 06/28/2012 3:51:21 PM PDT by Gay State Conservative (Bill Ayers Was *Not* "Just Some Guy In The Neighborhood")
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To: Olog-hai

They’ll be able to go from menial jobs farming and mining to starring in television commercials for international aid agencies in no time.


17 posted on 06/28/2012 3:55:30 PM PDT by tacticalogic ("Oh, bother!" said Pooh, as he chambered his last round.)
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To: VanDeKoik

The USA went further left than Khrushchev even expected they would: not only did they push communism on their own citizens, but they also supported the communization of Africa by calling communist terrorists like Nelson Mandela “heroes” (that went beyond Carter and his support for Mugabe) . . .


18 posted on 06/28/2012 3:59:55 PM PDT by Olog-hai
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To: Olog-hai
Zuma seems to want to turn South Africa into Zimbabwe.
Kill the Boer, Kill the Boer, Kill the Boer.

I'm sure things will not turn out like this in the US after 2040.

19 posted on 06/28/2012 4:17:34 PM PDT by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers.")
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To: rmlew

“I’m sure things will not turn out like this in the US after 2040.”

You are far too optimistic; have you been to any maternity wards lately? Blacks were told they’d be surpassed in numbers by Hispanics by 2010; instead it had occurred already at the time of the 2000 census. Many people living in areas that are officially 90% “white” don’t realize even the short-term implications of class sizes that are 50% “non-white”; the replacement Americans are here in force, and they intend to stay. Now the original Americans will get the bill for their healthcare, too.


20 posted on 06/28/2012 4:40:30 PM PDT by kearnyirish2
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To: cripplecreek

Ditto. Bye-bye, SA.


21 posted on 06/28/2012 5:00:41 PM PDT by dagogo redux (A whiff of primitive spirits in the air, harbingers of an impending descent into the feral.)
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To: himno hero
Black men cannot run Africa, how can one run America?

Sorry, but that's just out and out racism no matter how you slice it. There are plenty of reasons to not support this president, but his blackness is not one of them.

22 posted on 06/28/2012 5:05:05 PM PDT by Melas (u)
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To: kearnyirish2

I am aware of the demographic trends and have been since 1991, when the press reported the fact that if current levels of immigration were maintained, white babies would be a minority by 2020 and whites would be a minority by 2040 or 2050. That is why I mentioned 2040. I am hopeful that we will end up better off.


23 posted on 06/28/2012 5:08:09 PM PDT by rmlew ("Mosques are our barracks, minarets our bayonets, domes our helmets, the believers our soldiers.")
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To: Olog-hai
Well. Tutu was instrumental in bringing them to power so he can blather all he wants. As for tearing apart the "white dominated economy" we have seen how well that worked out for Zimbabwe. Go for it, zulu einsteins.
24 posted on 06/28/2012 6:02:31 PM PDT by hinckley buzzard
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To: rmlew

Based on my own uninformed observations, white babies are already a clear minority of babies born in NJ; we don’t have to wait 8 years to make it official.


25 posted on 06/28/2012 7:21:12 PM PDT by kearnyirish2
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To: rmlew

White babies are already a minority here in the U.S., first time ever in 2011.


26 posted on 07/06/2012 8:52:22 AM PDT by MinorityRepublican
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