UNDICTATED: Firing Cadres won’t fix Transnet while Pravin still runs show

Loading player...
Long-time property developer Francois Nortje has a vested interest in the country re-establishing its once-efficient logistics network. Then again, given its massive on the national treasury, so do all South Africans. However, we’re observing that the SACP/ANC government seems to misunderstand that simply firing the cadres it deployed at Transnet is not its silver bullet. In this interview with BizNews editor Alec Hogg, Nortje explains why Public Enterprises Minister Pravin Gordhan, at 74, is a significant part of the problem. There’s no disputing Gordhan’s massive contribution to the nation through his successful turnaround of SARS and steadfast resistance to the Zuptas. However, when it comes to managing an enterprise — be it public or private, Eskom, Transnet, or SAA — a communist, no matter how smart or well-intentioned, is operating far outside their circle of competence. The evidence suggests the only lasting solution to the ongoing Transnet disaster lies in a radical transformation of ANC leadership’s thinking, not in doubling down on the long-failed fantasy of a “Developmental State.” Given its track record, this approach, to paraphrase Albert Einstein, is insanity.
6 Oct 2023 8AM English South Africa Investing · Business News

Other recent episodes

Juanita Du Preez: Mchunu, Mkhwanazi, Masemola, Matlala, Mashatile…

The fusion of crime and South African politics remains in the headlines. In her latest interview with Chris Steyn, Action Society's National Spokesperson, Juanita du Preez, comments on Special Leave Police Minister Senzo Mchunu resuming his duties as a member of the African National Congress (ANC) NEC; KwaZulu-Natal Provincial Commissioner…
31 Mar 9AM 13 min

BNC#8 Piet le Roux Q&A - Economy, policy, and the crisis no one talks about

A hard-hitting conversation with Piet le Roux confronts South Africa’s uncomfortable truths: slowing growth, rising policy risks, and fragile infrastructure. While not yet a full crisis, warning signs are intensifying. The discussion challenges complacency, urging honest language about transformation policies and their consequences. It highlights the limits of politics alone…
31 Mar 8AM 24 min