{"id":3228,"date":"2020-06-08T10:24:36","date_gmt":"2020-06-08T10:24:36","guid":{"rendered":"https:\/\/www.tlu.co.za\/tlu-sa-request-clarity-about-radical-economic-transformation-in-open-letter\/"},"modified":"2020-06-08T10:25:24","modified_gmt":"2020-06-08T10:25:24","slug":"tlu-sa-request-clarity-about-radical-economic-transformation-in-open-letter","status":"publish","type":"post","link":"https:\/\/www.tlu.co.za\/en\/tlu-sa-request-clarity-about-radical-economic-transformation-in-open-letter\/","title":{"rendered":"TLU SA request clarity about \u201cradical economic transformation\u201d in open letter"},"content":{"rendered":"

TLU SA requests clarity about statements calling the heritage of the economy racist and colonialist in an open letter to the government, addressed to President Cyril Ramaphosa.<\/p>\n

 <\/p>\n

The president made these statements during his recent meeting with SANEF. Furthermore, TLU SA wants the government to spell out what radical economic transformation \u2013 as mentioned during the same session \u2013 means.<\/p>\n

 <\/p>\n

\u201cThe statements exhibit a lack of knowledge by the government in the workings of the economy,\u201d says Mr Louis Meintjes, the president of TLU SA. \u201cMaybe someone should teach the ANC Economy 101. The market powers work unabated, not asking questions about the history or race, but judges everyone by the way they accept responsibility for their future.\u201d<\/p>\n

 <\/p>\n

The ANC inherited profitable and stable institutions like Eskom, Denel, SAA and Spoornet. Because of your disastrous management of these institutions, they fell into bankruptcy one after the other.<\/p>\n

 <\/p>\n

\u201cMr Ramaphosa, you are busy creating your legacy every day,\u201d says Mr Meintjes. \u201cThe economy moved into junk status under your policy. It is only fair to tell your followers how you are stealing the future from them.\u201d<\/p>\n

 <\/p>\n

TLU SA calls on the ANC and government, yet again, to acknowledge the principle of private ownership and let the free market work as effectively as possible. Let go of your policy of transformation with words like BEE, land reform and expropriation without compensation. These are the things that destroy trust in our country.<\/p>\n

 <\/p>\n

\u201cThe outcome for the country won\u2019t be positive if the ANC continues down this road,\u201d warns Mr Meintjes. \u201cFor us, the farmers who continued to build the future of our country, the slipstream to South Africa\u2019s failure is a bitter pill to swallow.\u201d<\/p>\n

 <\/p>\n

 <\/p>\n

Issued by: \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 TLU SA<\/em><\/strong><\/p>\n

\u00a0<\/em><\/strong><\/p>\n

Date:\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 8 June 2020<\/em><\/strong><\/p>\n

\u00a0<\/strong><\/p>\n

Enquiries:\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/em><\/strong>Mr Louis Meintjes, President TLU SA, \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cell.: 082 461 7262<\/em><\/strong><\/p>\n

\u00a0<\/em><\/strong><\/p>\n

Mr <\/em><\/strong>Bennie van Zyl, <\/em><\/strong>General Manager <\/em><\/strong>TLU SA,<\/em><\/strong><\/p>\n

\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 Cell.: <\/em><\/strong>082 466 4470<\/em><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

TLU SA requests clarity about statements calling the heritage of the economy racist and colonialist in an open letter to the government, addressed to President Cyril Ramaphosa.   The president made these statements during his recent meeting with SANEF. Furthermore, TLU SA wants the government to spell out what radical economic transformation \u2013 as mentioned […]<\/p>\n","protected":false},"author":6,"featured_media":3215,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_exactmetrics_skip_tracking":false,"_exactmetrics_sitenote_active":false,"_exactmetrics_sitenote_note":"","_exactmetrics_sitenote_category":0,"_cloudinary_featured_overwrite":false,"footnotes":""},"categories":[29],"tags":[],"class_list":["post-3228","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-latest-news-english"],"acf":[],"yoast_head":"\nTLU SA request clarity about \u201cradical economic transformation\u201d in open letter - TLU SA<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.tlu.co.za\/en\/tlu-sa-request-clarity-about-radical-economic-transformation-in-open-letter\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TLU SA request clarity about \u201cradical economic transformation\u201d in open letter - TLU SA\" \/>\n<meta property=\"og:description\" content=\"TLU SA requests clarity about statements calling the heritage of the economy racist and colonialist in an open letter to the government, addressed to President Cyril Ramaphosa.   The president made these statements during his recent meeting with SANEF. 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