This gives me some optimism regarding the future of South Africa. Here is an integral component of the South African economy leading the charge against government corruption.
Curiously what the whole South African economic sector needs is a massive influx of educated migrants having ample agricultural experience. These can be sourced from China and India in particular. This would allow a massive expansion of employment of uneducated labor which is needed to power start the whole economy of not only SA, but Angola, Mozambique and the old Rhodesia.
Simultaneously the federal gove4rmnet needs to ensure all children get educated up to literacy at least. All this will produce a huge demand for farm land and supply can and should be forced by punitive taxes on low per acre sales. Grain fields earning $00 per acre is garbage when the same acre can handily generate thousands of dollars through different crops and upgraded processing. Such a tax will break up under utilized land.
South Africa has a wonderful agricultural potential that needs to be properly addressed and illiterate labor can still be well applied under proper wage regimes. . .
She was focused on fulfilling the majority shareholder’s wish to sell the business and “hadn’t given the future much thought.”
What’s more, in the past year and a half, Wierzycka has become an outspoken anti-corruption activist, gaining as many devoted acolytes as sworn enemies. “I just wish a few other business leaders would do the same,” says veteran anti-corruption journalist Martin Welz, before positing that everyone else is either “too scared to say anything … or complicit in the corruption.”
South Africa at the time had very few “funds of funds” and no passively managed funds, so the group decided to enter both markets. And Wierzycka was able to hang on to African Harvest’s “incredibly robust management software” as part of the buyout deal.
One “Sunday afternoon on the couch,” while perusing the Security and Exchange Commission reports of Nasdaq-listed NET1 — the company in charge of South Africa’s social grant system — she unpacked the “horror show” of a company with a “stated financial objective [to] exploit the most vulnerable strata of society.”