Big changes for state companies and nationalising the Reserve Bank – here are key proposals from the ANC

rvZA

Honorary Master
Joined
Jan 3, 2021
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16,596
Nationalize the Reserve Bank and Expropriate land without compensation, the ANC deserves it all.
 

TEXTILE GUY

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Oct 4, 2012
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The ANC recognized that South Africa’s energy supply crisis is the biggest impediment to economic growth but suggested that it should largely stick to its current path in tackling the problem.

It proposed that a state-owned company continue to play a central role in bolstering the electricity supply,

The draft documents state that the welfare system “should be protected from inflationary pressures, and should be expanded to provide for basic incomes as fiscal space allows.”

The ANC suggested that measures be taken to contain state debt and said that the introduction of a wealth tax be considered to reduce inequality.
 

B-1

Executive Member
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Apr 17, 2020
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5,546
Not quite. It is what the ruling elite wants to sustain the gravy train.

Read the article that I linked in my previous post.

Thats what the people want. The chief gets a big cut and the guy at the bottom gets his R350.
 
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