http://www.mg.co.za/articlePage.aspx?articleid=289527&area=/insight/insight__national/
Is there any part of this organisation that is actually good?
This week, we expose a new business front set up by the African National Congress (ANC) to seek profit on its behalf.
The Johannesburg-based Chancellor House group of companies has acquired "empowerment" stakes in a wide range of businesses (see "Other Chancellor House investments").
More often than not, these opportunities have depended on the government's discretion -- the award of state tenders, mineral rights and the like. This means the ANC, as ruling party, has been both player and referee.
Is there any part of this organisation that is actually good?