The impact of racism in Africa’s ‘flagship’ country of unity - CNBC Africa

The impact of racism in Africa’s ‘flagship’ country of unity

Southern Africa

by Aviwe Mtila 0

Is racism weighing on South Africa's economy and keeping us from being globally competitive? CNBC takes a closer look. Photo: Wikimedia.

Twenty two years have passed since South Africa gained its independence and was hailed as the ‘Rainbow Nation’, the flagship country for unity and a non-racial society. Yet twenty two years later, racism is still a proverbial thorn amongst South Africans.

Is racism weighing on South Africa's economy and keeping us from being globally competitive? Chief Executive of the Black Business Council, Mohale Ralebitso, and Managing Director at Woodburn Mann, Andrew Woodburn, joined CNBC Africa to discuss this.

BELOW ARE SOME OF THE POINTS BROUGHT OUT IN THE DISCUSSION AND YOU CAN VIEW THE VIDEO AS WELL:

“This is a drag into South Africa’s potential because it means that instead of harnessing the talents of the totality of the population that we have that is skilled, in an environment where some industries are deemed to have a shortage of skills, we limit ourselves in terms of being able to tap into that skill.”

-          Chief Executive of the Black Business Council, Mohale Ralebitso.

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“It takes up time and energy which could be directed into making us more competitive because we have a lot of work to do right now on getting the economy firing up.”

-          Chief Executive of the Black Business Council, Mohale Ralebitso.

“We see many, many, companies specify both, ‘we would like a black female’, whatever it might be. So certainly at that level there is a clear agenda to meet transformation targets which I know various entities negotiate and even government want to specify.”

-          Managing Director at Woodburn Mann, Andrew Woodburn.

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