2024 Elections: Capital Flight or Fight? In conversation with Dr Mathews Phosa & Mesh Pillay
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- Опубліковано 6 чер 2024
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He doesn’t sounds like the Mathews Phosa who wanted to resign from leadership of ANC… hypocrite 😅
You don't know Him finish and klaar. This man he is a revolutionary unlike you
Big liar this one... No integrity doctor 😂😂😂😂
DA members I see.
So what has Phosa got to say about Transnet and Eskom - Apartheid did not screw them up
You can ask that again 😅😂😅😂
ANC had 30 years! What have they done with it?
@sulaak What they've done is to service the majority of the natives, than a less than 10% of settlers.
What a great episode. Very balanced views. Both Dr Phosa and Mr Pillay from YW Capital have given some comfort and reassurance.
Thank you Dr Phosa... I won't even say anything to spoil all you said.
Dr Phosa's suggestion that the DA should be left out of government because they oppose the ANC's failed policies is ridiculous
…and naive.
He knows that the DA will uncover skeletons he and the ANC leaders have... He knows they will go to jail
Its called self determination, its enshrined on the constitution
Tell us what you just took
Tell us what you just took
DA voters didn't vote for ANC 😊
Some did. There were two ballots.
Government (Parliament) should not be about party politics. All members of parliament should do their best for the country, not their parties. At 78 I have lived all my life under a one-party government. Now's our chance to build a United South Africa. I hope ALL our politicians work towards this goal and put their egos aside. Good luck. I hope I live long enough to see the kind of country my children and grandchildren will live in.
Agreed 🤝
Thank you Dr Phosa, great argument and objective. Wish these conversations not a show but see the light of day. Africans need more people like you. Thank You eternal
Any one against DA not being part of this new administration....does not like a clean reliable enthical non corrupt stable govt.
I actually wish that ANC can go ahead and partner with this DA of yours so that you lot will be humbled when the inevitable dismal failure of this marriage happen!
So stealing land is not corruption?
It's so sad but funny how Black people thinks MK and EFF represent Black people. Politicians won't save no one but themselves.
Just like the DA represent white people, right?
What's more funnier is clever Blacks thinking DA represents them.
@@tmlsa9830 I see where your argument is going but, DA is an economical and industrialisation movement and those who admire to work hard for themselves will get opportunity under conducive environment of DA. but those who are lazy will demands freebies and that's what is attractive. Unlike the so called black parties that promises to increase social grants. That's low...
@@Amôpeacekg Lol, i wonder if you even believe what you just said about the DA
@@Amôpeacekg Who's fault is that, that the ANC had to inherit a majority that is excluded from the economy based on the colour of their skin.? In the DA's eyes BLACKS are just cheap labour, and can never be leaders of industries. The DA is there to protect the status quo and I can tell you now it is not sustainable.
As nice a guy as Mathews Phosa is, he has demonstrated how wholly inept the ANC is. What he is saying is contradictory to how the ANC actually behaves! crazy!
ANC people are all lost
Opinion should be taken into account and respected in order to move forward
Nice?
Mesh looking good.....well done Bro. I remember when you moved on your own a couple of years ago and now i visit your website and got blown away. Super well done.
He was the first ANC kader who said it's our time to eat whe didn't suffer for nothing. We know what follows looting and stealing.
Naked LIIIIIEEEES
Dr Mathew Phosa my hero represented us very well
This guy Mathews Phosa is disastrous.
All ANC cadres are useless
He is just an old timer ANC, blind to what is happening. His team has lost, but his cabinet is full of old, now useless ANC trophies.
@whza75
Mantashe once said there's no retirement in politics 🤣🤣🤣🤣🤣🤣🤣🤣
The dA are the only party who's province works ffs.. how can you not want them in the loop
MK/ANC/EFF a disaster waiting to happen.. how can you not see that🤬
Works for who?
The DA is a party that defends almost exclusively minority rights/privileges.
Whenever there has been an opportunity to change this, interests entrenched in that party have undermined it.
The DA policy platform doesn't address the need for increased government intervention.
Infrastructure, education, crime prevention and law enforcement are very necessary to create a country that attracts internal/external investments.
Otherwise we'll sit with high unemployment, crime and terrible political stability.
@@tmlsa9830 i'm black and moved to WC. 80% of the people in my office are xhosa (accountants, lawyers, marketing), many live in langa, kayalitsha. it works. 70% of the city budget is geared toward upgrading these areas too
See- DA delivers for the poor and vulnerable, BusinessDay.
See - Impressive new school in the Western Cape, UA-cam.
They are preparing a dictatorship
100%Dr Phosa.
ANC/EFF/MK coalition is a massive business opportunity for us in the WC. Already the real estate market in CT is seeing record interest as people relocate. The WC government should now actively start courting Jhb & Dbn companies to relocate their HQ's to CT. We should convince SMEs to come set up shop in a pro-business province. Wesgro should run marketing campaigns in Gauteng & KZN to convince people to move to WC
Thats a good idea as long as those companies will hire local workers
That's the power of freedom to choose - let all who need relocation or emigrating be allowed to do so. We're staying put in KZN.
Then we gain independence via constitutional law regarding self determination
@@TSG0195 good luck with that 🤣
@@gstar3569 i think this is fair. there's clearly a massive chasm in SA that mandela tried to sugar coat - some of us see turning into Zim as a massive threat, others see it as a great opportunity for true emancipation. maybe its time we let each do their thing
Loved this conversation and the wisdom from experience. A pleasure to listen to.
Dr Phosa spot on, but loved all the contributors. Challenging questions and good analysis.
Well done Dr Phosa well articulated
Thank you Dr Phosa
Excellent discussion. Thanks to all parties.
The indian guy is neutral
say yes to the DA, the reason why he acts like this, because he lives in luxury from the system running now.
Well said, Mike. Your analysis and questioning are always objective. Your responses are also always rational. Keep it up
Dr Phoosa is Goat, Pure Genius,, learnt a lot from this Podcast Episode.
Zuma did not decide to form his own party, he was pushed to do so
Do the ppl really believe the MK or EFF will do any better...
Thank you Dr Phosa for bringing context to the discussion - 🫡
And he did so unapologetically 🫡 😊
ANC And DA, have today a historical responsibility to “save” South Africa. It’s just another opinion.
Alec talks about them flying to India in 1991... Phosa is talking about us still poor today, can't even fly to JHB or Cape Town.., this really shows our different realities.
Well done Mike!
The host sounds like he didn’t do much research about the said companies keeps bringing up. And he is very pessimistic about the fortunes of the country. Yet the numbers (fdi) do not support this. The gentleman he interviewed really tried to school him
The ANC should educate their supporters what "The Markets" are , many think you can simply tell "The Markets" to "voetsek" and there are no consequences ... Sorry for you , there is an instantaneous response in the currency which effects the price of fuel , interest rates and employment . You can no more tell "The Markets" to "voetsek" than you can tell the tides or the ocean what to do . "The Markets" are the rest of the 8 Billion people in the world and we don't want them to just ignore us .
i am always pleasantly surprised in my travels to asia how business-oriented different asian youths are. for them entrepreneurship & business is the core ambition in life. all of this is predicated by an education that is in touch with tech + 4IR.
the big dream in many of those countries for young people is to be a startup founder, in SA it is to be a marxist-style revolutionary
Why the markets are always mentioned and prioritized in these talks? We're we voted for markets or businesses to make money or people as imarginalized to have an access to economy of this country? The whole thing has diverted now. Local economy and security is no longer on the table. This is where you loose it.
Poor people don't worry about the market. They worry about food
@@SA_PASF ...food comes from the market
@lm_b5080 Poor people care less about where the food comes from, as long as they don't have food they will revolt
Mr phosa please give progress a chance, DA says it is willing to work with a party that create jobs, that protects the constitution and has second majority so if interested development listen to those who have common interest in positive development of the country regardless of race.
To thinks we've got airheads like this one as our leaders is just downright scary!
Politics is not for the people, it's self interest period.
Mr Matthew Phosa's comments show more maturity in both politics and the economy. He is indeed an asset for Republic of South Africa.
Matthew Mphosa is a leader ✊🏿
You missed the most imperative question: Dr Phosa suggests a coalition with the EFF as a main ideological partner - how do their policies inspire investor confidence that he suggests the ANC is serious about? Are investors excited by talk of nationalisation and Expropriation of property without compensation?
Dr Phosa for President
One thing I picked up from this interview is that people like Mike and the DA tend to be alarmist when their political preferences don’t win the day. When you are in government you have to balance the social and the economic interests of the country. The narrative that South Africa is not attractive to foreign investors is not entirely true. They can’t shove the DA down people’s throats. The DA might be very good administratively, wich is something business appreciates, but some of their policies have alienated the majority of the people in this country “Especially poor black South Africans”. I am not in anyways defending the ANC. It’s obvious that they could have done better.
We have a choice as South Africans. Do we continue on the path the ANC lead us and keep focusing on apartheid colonialism and the horrors of the past?
Or do we choose capitalist parties to lead us into law and order, prosperity, ethics and morality, heal, unite, deal with current issues and address the past properly and appropriately.
It's our choice.
63% chose ANC EFF MK
37 chose DA and other parties
ANC needs to choose wisely and do the right thing that works but isn't always popular for a change not the popular thing that always never works.
It's not about 'black' only. You have already destroyed the country. DA IS NOT ABOUT COLONIALISM. THAT'S PAST TENSE. YOU JUST WANT YOUR CORRUPT ANC COMRADES CONTINUE TO STEAL.
THE ANC DOES NOT HONOR THE CONSTITUTION OF SA.
ANC, EFF, MK LOVE CORRUPTION. EVEN THEIR PERSONAL LIVES IS A MESS. LOOK AT THEIR TRACK RECORDS.
Matthew's Phosa have been silent for a long time. He knows the ANC is corrupt.
THE DA HAS CLEAN, DEMOCRATICALLY SOUND POLICIES.
In 1994 it was asked of us "consider the markets and stability", we did, and we were rewarded with a long stable bout of poverty and worsening inequality in the most unequal nation in the universe.
That was not the market's fault. The majority supported and allowed the looting and the stealing.
@@WynandMeyering Thats not true, it was because of the end to apartheid, many companies returned to south Africa. SA was one of the top countries in the world. It had nothing to do with socialism if it did why did everyone leave when we become more socialist. its because companies and busiensses dont want that.
Thanks to the black party you choice when it came to vote, don't blame it on whites
No one asked Kweres😂
@@WynandMeyering Yes, and let companies produce. That is all capitalist. that will boost the country.
Well done Mike for keeping this interview on track and not backing down on the issues of business and investment. The elephant in the room is jobs. With all the anti-business behaviour coming from the ANC and worse from the EFF no-one wants to say where the jobs are coming from. The NDR is still ANC policy and the EFF are 100% communist so this not business-friendly. Expropriation is a huge issue for business. The issue of Starlink is a good example of own goals through business unfriendly policy.
I appreciate the frank & honest discussions from both guests.
Mr Phosa by all account is someone with a very open mind and surely in his heart and mind he for a long time knew that the ANC failed on many aspects but understandingly he has now choice but to keep on defending the ANC and the broader views even if he knows that the DA will bring so much more dynamic views and actions to the table.
We need a picture of the future with ideal governance for all. Care for each other with proper character. Mogen Mogeng is your example of a leader!!!
The keeper of Israel slumbers not..... the anc raised its voice against Israel!!!!
They shouldn't have?
My centiments exactly!!!! They hardly even where thier Gaza scarves nowadays 😂😂😂
So did Hamas not start the war?
Lol, zionists try to spiritualise everything. Everyone knew since 2021 that the ANC was going to loose
@@ohsure07When?
Ntate Phosa thank you for your unbiased contribution. It can not be business as usual when 20mil poor people go to bed without food. We cant protect imperialism and colonialism that created the most the unequal country in the whole world! Investers should take our history into cognisance, unlike the DA that protect colonialism idiology!
The host like guests that agree with him. I can hear from his tone and his vocal stance when there is a guest that doesnt support his views.
All I can say is :THANK YOU DR PHOSA. Someone expected you to say what they want to hear but you spoke your mind 💯 😂😂😂. I wonder if they will call you again 🏃♂️ 🏃♂️ 🏃♂️ 🏃♂️ 🏃♂️
The shell example is false, they're leaving multiple countries based on their on reason not because it's South Africa
Discussion like this just highlights that knowledge is power. The rebuttal from Dr Posa about making good comparisons and looking at things from other perspective were point on. Mr Pillay was strictly on being neutral as compared to the interviewer.
Shake my head. Time to wake up and look at REALITY.
International investors will not invest in this mess.
Genuine discussion right there ,honest inputs
Well said Mr Phosa,
Yes it is indeed complicated.
However GNU was foreseen by A.N.C
The people's decision to bestow a challenged for obligation to lead the nation to prosperity for all isn't shouldn't be called power,power is too easily abused,it should be a calling and a privilege, not a mandate of self enrichment.
Dr. Phosa is a think tank
Hypocrite.
When last have we heard the phrase Proudly South African
Rugby World Cups..
When the 4th largest economy wants to invest, Mike you object.
U can see apartheid in his face,if they want to go let them live, Africa for Africans
Thats why DA and ANC will never see eye to eye this interview says its all
Can someone please explain to me why you do not want to vote for the DA and why the DA should not be in charge of this country?
Can you tell me why in DA there are more black people than white people on the ground but when it comes to mps there are more white people than the black people.
Hellen zila said we have been fighting to destroy anc for 30yrz now we done. Which means they started on the term of mandela which tells u they never accepted to be lead by black gov
DA is handled by the WMC whose interest is against the majority of South Africans. DA is against bricks formation
And they are pulling in different positions in terms of policies.
We must also be mindful of politics and ideology, ideologies very from political parties and they sometimes like water and oil ,that's exactly where Mathews Phosa is moving from,He doesn't mean DA can't be in parly, He Himself is from a completely different school of thoughts politically
Dr Phosa, you know very well what transpired with Mandela. Mandela was put in a corner. Mandela attended a meeting with NP in Grooteschuur and Victor Verster whereby he was given terms and conditions of his release. He was coerced to sign those minutes which entailed the setup of sa when anc takes power. That's how we got to gnu then. Same is happening now. Ramaphosa has made deals with the wcm (DA) and they've predetermined how SA will be governed. Tell the nation the truth. Or you all wanna take the truth to your graves. Where are the Grooteschuur and Victor Verster minutes?
Well said Mr Mathews.
GNU is or will be good if all political parties have love of their country's citizens in their own hearts and not in them own lips, otherwise we have to forgive and forget.
before you say D.A should rule S.A go look at their policies than youll understand wh
y they cant rule
We agree with Commander Mathews Phosa, especially on the fact thst DA must be excluded on the Government on National Unity and we are absolutely unapologetic about that. We equallt agree on black left unity in majority, lastly that MK must take the KZN premiership, but they must be in the GNU as well to advance the RET agenda.
You actually can fund social spending without foreign capital, it's called modern monetary theory, spending on infrastructure doesn't cause inflation so there's no need to fear "printing money" when it's deployed correctly.
Most skills are learned in the workplace. But then the price must be right.
The middle class is increasing eroding world wide and the conversation is still about economic growth, it's like people have forgotten about the July Civil Unrest.
The time of one party policies is over. My concern here is however, all who oppose the DA within a coalition or GNU seem to be scared that their patronage network is exposed. When light is shon on supply chains within government, we will likely be shocked at the amount of money funneled away, even within functioning supply chains
All of us are tax payers
for the ANC to succeed there MUST be no more corruption; IS THIS POSSIBLE given that corruption in the ANC is a norm to their fabric????
Dr M. Phosa is an Attorney
By their friends we shall know them as the saying goes. The choice of partners will make or break SA
The chaos of the ANC and the DA is equivalent and can be seen in what was happening during the taxi strike in the Western Cape. Understand I'm referring to the chaos and not implying ANC had anything to do with the strike.
Geriatric old ideas. Let’s rather get young people without prejudice
We all pay tax. VAT is charged on food, and we all eat, rich and poor.
Income tax has a different purpose to value added tax.
When someone fights for freedom as a political ploy...what he reallly wants is free stuff: business shares and ownership, cars, status, houses etc...
Mike would die for white privilege
But today Phosa humbled him😅😅😅
Educate all our people and then they can work hard and advance themselves, we all have a hope and a future....... if our leaders stopped stealing there would be money for skill schools and institutions that will equip our nation to dream and become who God created them to be.
Are you saying the young people have not been left behind? Please don’t screw up this opportunity to move forward. Exclude the DA at your peril. The world is watching.
Thanks, Mike, for this content, and I totally agree with you Phosa is absolutely delusional is he really a dr? Still in a apartaid rubbish move on phosa.
"There is a lot of international capital waiting to flow in..." we have to entice foreign foreign investors..." that's our biggest problem. The reason why we don't have our own capital is because we allow the status quo to continue, I.e. we allow our minerals to benefit foreign countries. Let's change the status quo, we have the numbers. The DA / National Party has to toe the line or go to elsewhere.
Bee is anti foreign investment friendly who will invest when you have to give away half the business
What confidence is the ANC creating for black people now.
Absolutely shocked with Phosas comments.
eThekwini municipality is trying to steal from me
This election shows that Black people don't trust ANC anymore to get them out of poverty and care to the needs of freedom fighters. ANC should form a coalition with DA to try the free market economy and with MK to bring the freedom fighters back into ANC. Even if that means the resignation of Cyril Ramaphosa. Country first.
Can u make the coulourd people a topic one of the days specially the khosan people being the aboriginal people of south africa
Let DA sit this one out. IFP and PA and other small parties can join ANC. Go for it
No
Agreed
Agree DA sit it out, when Saffers have felt enough pain then maybe DA can come back
@@mikenortje3023we will never vote for DA
@SA_PASF who is 'we' do you speak for the whole of SA? This DDR thinking will get you no where, but it's.your choice.to.vote.for whoever you want and get the govt you deserve.
45:52 It's always interesting with these discussions, where examples of other countries' fantastic growth rates of 5% and above annually are lauded and touted. Yet nothing is ever said of the environmental impact of that. India today is grappling with safe breathable air, for an example...
Economists never consider the value of main street. There is a lot you can do without the outside.
He a doctor of what exactly
I think he is a doctor like Dr Khumalo
Correct your sentence construction first before you ask that question 😂😂😂😂
Dr M Phosa is an Attorney from Mpumalanga for many years.. I know him personally. His been a politition for many year's to fight for freedom
Your assignment is not the audience baby.
In terms of allocation of potfolios to different ministries is concerned, people who are appointed to these positions must have vast knowledge of what those positions entail. Africans are generally not peace loving people as a result of the fact that everyone is doing everything in their best interests not instead of the people who voted them to govern in their interests.
Agree with Mesh Pillay: You can't offer/give Social Services if you are not generating enough Capital...otherwise you have to keep borrowing untill you eventually default and become bankrupt. No country can keep spending more than it earns for very long. It seems the Government thinks the money will never run out? If our population increases while our economy remains the same, we are shrinking economically. Either the Population needs curbing or the Economy needs growing, ideally both.