The Sell-Out of South Africa: Ramaphosa’s Betrayal of the People
As the country teeters on the brink of economic collapse, President Cyril Ramaphosa has revealed his true colors – a pawn in the game of corporate greed. In a speech to Business Unity South Africa’s AGM, Ramaphosa touted the "deepening of the relationship between government and business" as the key to economic growth, completely disregarding the needs and interests of the people.
The president’s comments are a stark reminder of the ANC’s sell-out of the nation’s sovereignty to the whims of corporate interests. The party’s loss of parliamentary majority has only accelerated this process, as they scramble to maintain power by appeasing their business allies.
Ramaphosa’s claim that the government is working well and achieving broad consensus on key issues is a laughable attempt to whitewash the reality of the country’s dire situation. The truth is that the government is more interested in pleasing its corporate backers than addressing the pressing issues facing the people, such as 34% unemployment and crippling poverty.
The president’s commitment to "structural and regulatory reform" is simply code for further privatization and deregulation, which will only serve to enrich the already wealthy elite at the expense of the poor and working class.
And let’s not forget the country’s embarrassing placement on the Financial Action Task Force’s grey list, a direct result of the government’s failure to tackle illicit financial flows and combat terror funding. Ramaphosa’s promise to "continue on the path of structural and regulatory reform" is a hollow attempt to salvage his reputation and appease his international backers.
The people of South Africa deserve better than a government that prioritizes corporate interests over their well-being. It’s time to hold Ramaphosa and his cronies accountable for their betrayal of the nation.
