By Lelethu Mquqo
26 July 2011
Moeletsi Mbeki, the former President’s brother, says South Africa is cheerfully heading off a cliff.
Addressing the Cape Town Press Club, Mbeki says South Africa’s manufactured exports, and mining and agricultural products are all declining.
He says South Africa will soon be so de-industrialised that it will be living off its mineral wealth only, a situation that existed before World War One.
Among the solutions that he suggested are that the public education system be overhauled, power supply and the railways be partially privatised, and BEE scrapped.
He also says the country should invest more of its GDP and consume less.
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