Tuesday, October 11, 2011

South Africa: Only a matter of time before the bomb explodes

Moeletsi Mbeki
12 February 2011

I can predict when SA’s "Tunisia Day" will arrive. Tunisia Day is when the masses rise against the powers that be, as happened recently in Tunisia. The year will be 2020, give or take a couple of years.

The year 2020 is when China estimates that its current minerals-intensive industrialisation phase will be concluded. China’s current industrialisation phase has forced up the prices of SA’s minerals, which has enabled the government to finance social welfare programmes.

For SA, this will mean the African National Congress (ANC) government will have to cut back on social grants, which it uses to placate the black poor and to get their votes.

The ANC inherited a flawed, complex society it barely understood; its tinkerings with it are turning it into an explosive cocktail. Read more ...

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