The past and future of South Africa
In 1994 a great change took place at the Southern tip of Africa. The regime of Apartheid came to an end, and a peaceful transition took place, during which the ANC and its mythical hero Nelson Mandela came to power. Initially everything seemed to go well, why wouldn’t it?
From 1989 to 1993 South Africa had a negative Foreign Direct Investment on two occasions, and a net zero FDI on two more occasions. In 1997, FDI was comprising 2,7% of the nation’s GDP – World Capital Inc. was back, and its wallet was bulging. Jump to 2023, and suddenly South Africa’s minister of electricity is warning that stage 8 load shedding is a possibility, meaning that South Africans can expect to be without electricity for as much as 12 hours in a 24-hour cycle during the coming winter.
The question asks itself: How did it get this bad? In this discussion we will discuss the rise of what we call South Africa today, with particular reference to the ideological wellspring of the ruling ANC, as a possible explanation for the regrettable condition of the country.
Guests:
Paul Maritz, professor of Mathias Corvinus Collegium
Mrs. Iracelma Medeiros Filipe, the Angolan ambassador in Budapest
Venue: Scruton V.P. (12. Veres Pálné Street, Budapest 1053)
Date: 18:00. 24.05.2023.
The event is free of charge, but registration is required.
At our event we may make audio and video recordings, which can be used for advertising and documentary purposes!
