Ramaphosa chooses ANC over the country – Solidarity
1 August 2018
Trade union Solidarity said that the ANC showed its true colours as expressed by President Cyril Ramaphosa at a press conference held this afternoon.
Connie Mulder, head of the Solidarity Research Institute, contends that several statements made by the ruling party over the past two days made it clear that the parliamentary process was actually just for the show. “The initial resolution, as contained in the ANC’s policy documents, is still being pursued with the public hearings just being a show while the actual decision was being forced through,” Mulder said.
According to Mulder, the timing is also rather interesting: Yesterday, the IMF warned that expropriation without compensation is an investment risk while today, the ANC indicated that it did not matter to them. “The message that is being communicated to foreign investors is a matter of impossibility. The message is: ‘Come and invest with us so we can take your property without compensation at a later stage,’” Mulder said.
“Combined with the uncertainty that is prevailing in mining about the Mining Charter, new record levels of unemployment and slow economic growth it is reckless from government to simply steamroller such a detrimental policy,” Mulder added.