Later this month on the 22nd -23rd November South Africa is hosting the G20 summit in Johannesburg. The local Johannesburg municipality has been repairing the roads and traffic lights along the routes the attendees will be using from the airport to the summit. This will show how great Johannesburg is as long as they stick to those routes and do not deviate.
President Trump announced a few days ago that no US representatives will be attending as South Africa has not changed anything they had discussed when the SA delegation was meeting with him earlier in the year. That Oval office meeting was a total embarrassment for the SA Government who were obviously there to talk trade agreements and negotiate a better tariff rate. Within minutes this was clear that talks of trade were not going to happen and they were tasked with getting their house in order.
The not recognizing the white farm murders being more of a genocide against the Afrikaner people has been happening for years and to say this is not true is ignoring the truth. The racial policies that they have implemented with regard to businesses was also part of the fixes required and nothing has happened.
What is clear is the SA Government thought they could discuss the fixes without actually doing anything hoping the problem will go away as this is what they specialize in. No one has challenged them before calling their racist policies for what they are and they will not change.
Trump's trade pressure using tariffs is to try and enforce change for South Africa and there is no way the AGOA agreement is going to be allowed to continue. Kenya is going to negotiate their own AGOA deal along with the other countries included in the trade treaty which will exclude South Africa.
The AGOA agreement which allows for a duty free market access to the US and has expired in September would have been on the agenda with any US representative visiting. This would have been the SA Government plan thinking they could negotiate an extension. This no show now changes things as SA is desperate with the economy tanking and the only people to blame is the SA Government.
This year has been a rough ride for the SA Government as the hand outs from USAID have stopped leaving their begging bowl empty. The USAID was the extra funds they were counting on to steal and with out those funds they have to find new ways to plunder internally. Those who thought USAID was a good thing have no idea how bad this was and was just a method for the corrupt in the US and around the world to steal US tax money.
When Black Economic Empowerment was introduced it was designed to enrich the people of the country and not just 10% which is the facts. President Ramaphosa was the one who handled the start of BEE back in 2003 and was at the head of the queue. This was not about distributing the wealth amongst the previously disadvantaged people, but more about enriching a few families.
I read a report the other day on BEE which highlighted 100 families pocketing more than R100 billion per year from their BEE involvement. This is nothing more than theft using racial laws and those people benefitting would need to vote to change those laws who also happen to be government officials and why it will never happen. Ramaphosa is no businessman or entrepreneur as he was handed McDonalds being their BEE partner which is a 33% shareholder.
Trump is placing pressure on the corrupt government using trade and thankfully this may work. The longer this continues the worse the SA economy becomes and the pressure will force the SA government back to the negotiating table. The result is if they don't then there will be a new government in power as the ANC will be voted out.
South Africa has huge problems with a very high youth unemployment rate of 62% and this is bubbling away which could easily end up with civil unrest. The government does not care and has stolen enough to relocate their families elsewhere.