Aug 16, 2012
Khoza warns of rogue stateBack
Africa|Nedbank|Africa|South Africa|Mantashe|Reuel Khoza
"We may not yet be a rogue state, but we could be on our way there," he wrote in the article published this week.
Khoza blamed rising corruption, ethically weak leadership, and the Protection of State Information Bill for South Africa's plight.
"Not only is corruption rife at the top of society, but convicted criminals with the right connections can get a sympathetic hearing from the powers-that-be.
"Warnings to South Africans to wake up and resist the spread of institutional crime seem to fall on deaf ears as the pace of misgovernance by misdeeds hots up."
The Protection of State Information Bill would be used by "state scoundrels" to protect themselves.
"The rogue state in South Africa will take great strides forward."
Political and business leaders reflected short-term and ethically weak transitional leadership styles, he said.
"To speak of a 'second transition' when the first is not even halfway accomplished is an admission of failing transitional leadership status."
In Nedbank's annual report earlier this year, Khoza wrote that South Africa's "strange breed" of leadership needed to adhere to the institutions that underpinned democracy.
The political climate was not a picture of an accountable democracy.
"Our political leadership's moral quotient is degenerating and we are fast losing the checks and balances that are necessary to prevent a recurrence of the past.
"We have a duty to build and develop this nation and to call to book the putative leaders who, due to sheer incapacity, cannot deal with the complexity of 21st century governance and leadership, cannot lead."
ANC secretary-general Mantashe later lashed out at Khoza at a press briefing with the party's top six officials.
"I would be very worried if the business community begins to think that it has a monopoly of understanding of political leadership," he told reporters.
Edited by: Sapa
To subscribe email firstname.lastname@example.org or click here
To advertise email email@example.com or click here
Recent Research Reports
Construction 2016: A review of South Africa's construction industry (PDF Report)
Creamer Media’s Construction 2016 Report examines South Africa’s construction industry over the past 12 months. The report provides insight into the business environment; key participants; local demand; geographic diversification; corporate activity; black economic...
Energy Roundup – February 2016 (PDF Report)
The February 2016 roundup covers activities across South Africa for December 2015 and January 2016 and includes details of a Government Gazette notice that confirms Cabinet’s decision to move ahead with the 9 600 MW nuclear procurement programme; State-owned power...
Energy Roundup - December 2015 (PDF Report)
The December 2015 roundup includes details of State-owned utility Eskom’s application to claw back R22.8-billion; South Africa’s ranking as an investment destination for renewable energy; and a nuclear expert’s thoughts on reactor designs for South Africa’s nuclear...
Water 2015: A review of South Africa's water sector (PDF Report)
Creamer Media’s Water 2015 Report considers the aforementioned issues, not only in the South African context but also in the African and global context in terms of supply and demand, water stress and insecurity, and access to water and sanitation, besides others.
Input Sector Review: Pumps 2015 (PDF Report)
Creamer Media’s 2015 Input Sector Review on Pumps provides an overview of South Africa’s pumps industry with particular focus on pump manufacture and supply, aftermarket services, marketing strategies, local and export demand, imports, sector support, investment...
Liquid Fuels 2015: A review of South Africa's liquid fuels sector (PDF Report)
Creamer Media’s Liquid Fuels 2015 Report examines these issues in the context of South Africa’s business environment; oil and gas exploration; fuel pricing; the development of the country’s biofuels industry; the logistics of transporting liquid fuels; and...
This Week's Magazine
Lifting, transporting, installing and ballasting solutions provider Ale has expanded its global fleet of trailers and invested in the latest range of widening trailers that can be mechanically widened from 3 m to the desired width for any project. Ale ordered 48 axle...
The market for the BMW 7 Series in South Africa differs quite significantly from the rest of the world. China, the US and the Middle East almost exclusively buy the long-wheel-base version, using the German manufacturer’s luxury high-end sedan as a chaffeur-driven...
January new-vehicle sales fell by 6.9%, to 48 615 units, compared with the same month last year. Statistics released by the Department of Trade and Industry show that the domestic new passenger-car market declined by 6.1%, to 34 936 units, compared with 12 months ago.
Information technology (IT) equipment and infrastructure multinational Dell is providing open infrastructure systems for clients so that they can use any systems, including innovative new systems, that suit their business needs, says Dell Europe, Middle East and...
South Africa’s State-owned defence industrial group, Denel, has set up another international partnership, based in Hong Kong. This new subsidiary is Denel Asia and it is a joint venture (JV) with South African private sector company VR Laser.