BNC#7: Moeletsi Mbeki – Reject nationalism, scrap “parasitic” BEE, cut bloated public service in half to rescue SA from ANC-dug “hole”

At the seventh BizNews Conference (BNC#7) in Hermanus, political scientist Moeletsi Mbeki delivered a searing critique of South Africa's century-long nationalist rule, blaming Afrikaner and African nationalism for the country's economic and social woes. He argued that policies like Black Economic Empowerment, rooted in entitlement and corruption, have deepened the nation's "hole." Mbeki urged the Democratic Alliance (DA), the second-largest party, to seize the moment, reject nationalism, and outline a bold plan to secure 51% of the vote and rescue South Africa from decline..In his post-keynote Q&A with BizNews founder Alec Hogg, Mbeki tackled questions on South Africa's rejection of nationalism, the ANC's decline, and the DA's potential to lead. He dismissed fears of ANC coalitions with EFF and MK as unrealistic, emphasized the need for a constituency-based electoral system, and criticized the bloated public service draining the economy. Mbeki urged the DA to leverage its influence and called for stronger ties with the US, separating South Africa's interests from ANC failures..Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here..Support South Africa's bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here..If you prefer WhatsApp for updates, sign up to the BizNews channel here..Watch here.Listen here.Read also:.BNC#7: Magnus Heystek – Building Brenthurst Wealth; offshore investing; and financial media biasBNC#7: Cancer warrior Oscar Chalupsky – "Seize every day": Lessons on resilience, mindset, and living with purposeBNC#7: Stafford Masie – Bitcoin, AI, and the birth of a New World Order

BNC#7: Moeletsi Mbeki – Reject nationalism, scrap “parasitic” BEE, cut bloated public service in half to rescue SA from ANC-dug “hole”

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