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South Africa’s Richest Man Calls President Zuma’s Policy `Theft’
JOHANNESBURG (Capital Markets in Africa) – South Africa’s richest man Johann Rupert said “radical economic transformation,” the policy championed by the country’s President Jacob Zuma to reduce racial inequality, is no more than theft. “Radical economic transformation is just a code word for theft,” Rupert said on the sidelines of Richemont’s annual general meeting in Geneva on Wednesday. “That’s what’s happening there. They’re raiding the state’s coffers. And it’s public knowledge.” South Africa’s former graft ombudsman alleged in…
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