VRROOM WITH A VIEW: Given the context, it's a good investment
PERKY: The Ford Fiesta, with the new EcoBoost motor, loses hardly any kilowatts to the altitude fairies up on the reef. It informs pretty much everything we do; how we solve problems and how we make decisions. The prevailing context is that we believe it is not just acceptable, but morally just, that the government extracts money from citizens at gunpoint and with threats of imprisonment, to spend on projects it believes are worthwhile far beyond the limits of the preservation of life, liberty and property.
In the context of state-as-society-at-large, in which we all seem to happily operate as though we all have terminal Stockholm Syndrome, the fund’s decision to lend some money to a company that will probably do rather well seems entirely sensible to me. It hasn’t been stolen and this isn’t Nkandla.
A few people will get jobs and that will result in all kinds of trickle-down effects. Some clothes will be made or designed here.
Tax will be paid on those imported goods — and remember, in this world, tax is good. Khanyi Dhlomo, who heads up the operation, doesn’t need empowering, they say.
Khanyi Dhlomo doesn’t need the money, they carry on.... Read the full, comprehensive news article and discuss at Business Day