BN Briefing: Trade guru Donald Mackay on how the wrong friends, awful policies massively costing SA
Автор: BizNewsTv
Загружено: 2025-11-10
Просмотров: 9464
In today’s BizNews Briefing, we unpack how ideology and political patronage are costing South Africa billions. From renamed streets to state-protected steel mills, we explore how unreliable partners and lobby-driven policies are eroding jobs, trust, and economic competitiveness - with insight from trade expert Donald MacKay.
00:08 - Intro
01:10 - How important is SA in global trade?
03:03 - The problem with SA's "heavily politicized" trading system.
04:21 - SA's problematic political alliances
04:50 - Ad break: WeBuyCars (www.webuycars.co.za)
06:07 - Quantifying the cost
07:25 - South Africa viewed as an unpredictable and unreliable partner.
09:02 - Defining South Africa as a "Lobby Economy".
10:50 - Lobbying and the scrap steel industry.
Video production by Ruan Erasmus
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