After more than a hundred years of operation in South Africa, the international energy conglomerate Shell Plc is the latest major company to confirm that it plans to divest from our country due to the inhospitable environment fostered by the ANC government.
The company cited local BBBEE requirements as the primary factor for its exit. The race-based disempowerment policy also has the backing of the EFF. With the ANC likely to lose its national majority, the EFF appears to be aligning itself with the ruling party in hopes of securing lucrative Cabinet positions in a potential post-election coalition that will destroy what is left of our economy and decimate our currency.
The realisation of the doomsday scenario will expedite capital flight from South Africa as crime and unemployment will run rampant. A DA-led government will re-position government as an enabler for economic growth and not as a central planner that currently gets in the way.