If ever there was a business that should be a cash cow for the ANC government, diamond mining is it, well, maybe it is, directly into their back pockets! The ongoing weakness and current record low Rand value means record high prices for Alexkor’s diamonds, which come from a vast resource of 90-95% gem-quality diamonds which exists off the west coast of Southern Africa. In fact it is so precious the entire area is off limits to the public, yet still the ANC government manages to make it bankrupt? Alexkor joins the long list of almost every single other SOE going bankrupt, begging the question to be asked, whether this is deliberate?
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SOE Alexkor Goes Bankrupt! ANC Cannot Even Make Profit From Diamond Mining? Yet Again, The “Permanently Disadvantaged” Plunder The Golden Goose to Death!
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President Ramaphosa says white land owners are no longer in a position to resist government’s land reform policies – ANC-regime to pick up the pace of land reform after election
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Ramaphosa was speaking at a government function to hand over title deeds to the Griqua and Khoi communities of Ebenhaeser on the West Coast. The president said it was time for white land owners to cooperate with his administration in changing land ownership patterns and to stop frustrating the process. He said the new administration..
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