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You're correct, Bell Pottinger is not to blame for the structural problems in the South African economy, and I never said otherwise. However, many of these issu
by buyx 8y ago
You're correct, Bell Pottinger is not to blame for the structural problems in the South African economy, and I never said otherwise. However, many of these issues date back decades (apart from a period of economic liberalisation from the late 80s to early 2000s, South African governments have favoured a large degree of state control over the economy). My comment was referring to the bankruptcy of Bell Pottinger, not South Africa.
What Bell Pottinger did, is provide cover for a state capture programme, that, over a short period, funneled money from state owned companies and other parts of the state to the Gupta and Zuma families, and in doing so tried to foment a race war.