Close Menu
TechCentralTechCentral

    Subscribe to the newsletter

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Facebook X (Twitter) YouTube LinkedIn
    WhatsApp Facebook X (Twitter) LinkedIn YouTube
    TechCentralTechCentral
    • News
      AI has started a tech 'supercycle', says Datatec's Jens Montanana

      AI has started a tech ‘supercycle’, says Datatec’s Jens Montanana

      29 October 2026
      Icasa wants your fingerprint before you can get a Sim card

      Icasa wants your fingerprint before you can get a Sim card

      29 October 2026
      South Africa's AI policy team is racing a 30 November deadline

      South Africa’s AI policy team is racing a 30 November deadline

      29 October 2026
      A Finnish supercomputer could help close South Africa's AI computing gap

      A Finnish supercomputer could help close South Africa’s AI computing gap

      29 October 2026
      GoTyme dares rival banks to make instant payments free - Cheslyn Jacobs

      GoTyme dares rival banks to make instant payments free

      29 October 2026
    • World
      Alleged Israeli spy company heavily targeted Starlink users

      How online ads were used to hunt Starlink users

      28 October 2026
      Anthropic's IPO stands alone

      Anthropic’s IPO stands alone

      23 October 2026
      PHP flaws trigger global scramble as hackers pounce

      PHP flaws trigger global scramble as hackers pounce

      22 October 2026
      OpenAI turns the tables on Apple in trade secrets fight

      OpenAI turns the tables on Apple in trade secrets fight

      15 October 2026
      Google's Gemini 4 Argon is finally here

      Google’s Gemini 4 Argon is finally here

      14 October 2026
    • In-depth
      Why investors are souring on Netflix

      Why investors are souring on Netflix

      22 October 2026

      10 days that changed the course of AI

      21 September 2026
      Meta to the AI industry: slow down without us - Mark Zuckerberg

      Meta to the AI industry: slow down without us

      16 September 2026
      Google DeepMind CEO Demis Hassabis. Image: John Sears

      The plan to stop AI from breaking the world

      16 July 2026
      The internet has a Strait of Hormuz problem

      The internet has a Strait of Hormuz problem

      15 July 2026
    • TCS
      TCS+ | Vox on AI, data rules and omnichannel communication for SMEs

      TCS+ | Vox on AI, data rules and omnichannel communication for SMEs

      26 October 2026
      TCS | The Cape Town firm quietly connecting Eskom, Pep and 6 000 ATMs - Réan van Niekerk, Metacom

      TCS | The Cape Town firm quietly connecting Eskom, Pep and 6 000 ATMs

      23 October 2026
      TCS+ | Boards are underestimating the cost of a cyberattack, says Arctic Wolf - Jason Oehley and Andre Den Hond

      TCS+ | Boards are underestimating the cost of a cyberattack, says Arctic Wolf

      22 October 2026
      W&W | LDV's Gerhard Moolman on electric bakkies, fleet orders and 'school fees'

      W&W | LDV’s Gerhard Moolman on electric bakkies and fleets

      9 October 2026
      TCS | Frogfoot sees bigger fibre deals coming - TechCentral Show guests Abraham van der Merwe and Shane Chorley

      TCS | Frogfoot sees bigger fibre deals coming

      8 October 2026
    • Opinion
      AI's boardroom honeymoon is over - Gary Stocks

      AI’s boardroom honeymoon is over

      22 October 2026
      Before South Africa licenses Starlink, it should look at Ukraine - Duncan McLeod

      Before South Africa licenses Starlink, it should look at Ukraine

      21 October 2026
      Nonkqubela Thathakahle Jordan-Dyani

      Why cybersecurity is now a national security issue for South Africa

      15 October 2026
      When a machine can choose, who does it become? Fanie van Rooyen

      When a machine can choose, who does it become?

      9 October 2026
      Let South Africans jailbreak their way to digital sovereignty - Dirk de Vos

      Let South Africans jailbreak their way to digital sovereignty

      5 October 2026
    • Company News
      • 1Stream
      • Africa Data Centres
      • AfriGIS
      • Altron Digital Business
      • Altron Document Solutions
      • Altron Group
      • Arctic Wolf
      • Ascent Technology
      • AvertITD
      • BBD
      • Braintree
      • CallMiner
      • CambriLearn
      • CM.com
      • Contactable
      • CYBER1 Solutions
      • Digicloud Africa
      • Digimune
      • Domains.co.za
      • ESET
      • Euphoria Telecom
      • HOSTAFRICA
      • Incredible Business
      • iONLINE
      • IQbusiness
      • Iris Network Systems
      • Kaspersky
      • LSD Open
      • Mitel
      • NEC XON
      • Netstar
      • Network Platforms
      • Next DLP
      • Ovations
      • Paracon
      • Paratus
      • Publishared
      • Q-KON
      • SevenC
      • SkyWire
      • Solid8 Technologies
      • Telit Cinterion
      • Telviva
      • Tenable
      • Vertiv
      • Videri Digital
      • Vodacom Business
      • Vox
      • Wipro
      • Workday
      • XLink
    • Sections
      • AI and machine learning
      • Banking
      • Broadcasting and media
      • Cloud services
      • Contact centres and CX
      • Cryptocurrencies
      • Education and skills
      • Electronics and hardware
      • Energy and sustainability
      • Enterprise software
      • Fintech and payments
      • HealthTech
      • Information security
      • Internet and connectivity
      • Internet of things
      • Investment
      • IT services
      • Lifestyle
      • Policy and regulation
      • Public sector
      • Retail and e-commerce
      • Satellite communications
      • Science
      • SMEs and start-ups
      • Social media
      • Talent and leadership
      • Telecoms
      • Watts & Wheels
    • Events
    • Advertise
    TechCentralTechCentral
    Home » News » Jimmy Manyi blames business for economic rout

    Jimmy Manyi blames business for economic rout

    By Editor23 June 2016
    Twitter LinkedIn Facebook WhatsApp Email Telegram Copy Link
    Get breaking news on WhatsApp

    Jimmy Manyi
    Mzwanele (Jimmy) Manyi

    The private sector is actually the culprit who is to blame for South Africa’s current economic problems, Mzwanele (Jimmy) Manyi, president of the Progressive Professionals Forum (PPF), claimed on Wednesday.

    “Government must find a way to tax funds in the private sector. That is the duty of government. The duty of the private sector is to create jobs, but it does not want to come to the party,” Manyi said during a panel discussion at the convention of the South African Property Owners Association (Sapoa).

    “When one sees how war-torn countries in the rest of Africa are, you realise the value of peace. The ANC has ensured peace in South Africa, but now it is taken for granted and no credit is given to the ANC.”

    Manyi took on another panel member, political analyst Justice Malala, for the “fundamental error” of insinuating that people are only following the ANC because they are uneducated or uninformed. In Manyi’s view, there is also nothing wrong with cadre deployment if it is “done properly” in order to create alignment with policies and skill.

    Malala, in turn, emphasised that the ANC still has the power to change the country around if it puts its mind to doing so.

    In turn, Manyi said one cannot reverse 300 years of apartheid in 20 years.

    “We sit with unemployed graduates in townships — most are black and racism in South Africa has reared its ugly head. People say it is government that is corrupt, but it is actually the private sector that is still corrupt,” claimed Manyi. He cited as an example the fines issued to companies in the construction sector.

    For Victor Kgomoeswana, Africa business specialist and broad-based black economic empowerment consultant, politics is about money.

    Regarding the current violence in Tshwane, he said the key to ending it lies in making the South African economy inclusive, yet he doubts if any politician is going to do that.

    “It is about addressing poverty, ignorance and disease. It is about good education and healthcare. It would be hard to motivate young people to burn cars and buses if they have jobs,” said Kgomoeswana. He emphasised though that he is in favour of what he calls making BEE workable.

    Another member of the panel, political analyst Daniel Silke, said that if there is a decline in South Africa, it has been a long time coming. To him inequality is a critical issue, but he cautioned that too often inequality is confused with race and racism in South Africa.

    “It should be about broadening the pie in SA. Nearly 90% of parliament supports the National Development Plan, yet we have not been able to implement it,” said Silke.

    “It should be about finding common ground between the ANC and the DA. That would be a lot more profitable for SA in alleviating inequality. Coalitions can be for nation building and the betterment of South Africa as well.”

    In Silke’s view, the ANC has to take “some ownership” for what has been done in South Africa over the past 20 years.

    “If half our school learners drop out before finishing school, it cannot just be apartheid’s fault. There has been a reasonable period after 1994 to implement credible policies, but the  ANC policies have failed the poor,” said Silke.

    “I still think, however, there is a lot more that unites us as South Africans than divides us. The issue is to keep a very broad mind and move away from very narrow ideologies that hold us back.”

    The last member of panel, satirist and social activist Pieter-Dirk Uys, would like to see all South Africans leading by example on every level.

    Fin24

    Add TechCentral as a preferred source on GoogleFollow TechCentral on Google NewsGet breaking news on WhatsApp


    Daniel Silke Jimmy Manyi Justice Malala
    WhatsApp YouTube
    Share. Facebook Twitter LinkedIn WhatsApp Telegram Email Copy Link
    Previous ArticleExpert: TV encryption is ‘anti-consumer’
    Next Article Free Wi-Fi: a tale of two cities

    Related Posts

    Backspace: ‘Jimmy and the Guptas’

    22 August 2017

    Making sense of the Gupta media ‘exit’

    21 August 2017

    Manyi deal may rescue ANN7 from banking crisis

    21 August 2017
    Company News
    Paratus continues to reshape connectivity in Namibia

    Paratus continues to reshape connectivity in Namibia

    29 October 2026
    Rate hikes threaten a household recovery built on cheaper credit - John Gellatly

    Rate hikes threaten a household recovery built on cheaper credit

    29 October 2026
    Choosing the right AI path for banks and large enterprises - Matthew Barnard BBD

    Choosing the right AI path for banks and large enterprises

    29 October 2026
    Opinion
    AI's boardroom honeymoon is over - Gary Stocks

    AI’s boardroom honeymoon is over

    22 October 2026
    Before South Africa licenses Starlink, it should look at Ukraine - Duncan McLeod

    Before South Africa licenses Starlink, it should look at Ukraine

    21 October 2026
    Nonkqubela Thathakahle Jordan-Dyani

    Why cybersecurity is now a national security issue for South Africa

    15 October 2026

    Subscribe to Updates

    Get the best South African technology news and analysis delivered to your e-mail inbox every morning.

    Latest Posts
    AI has started a tech 'supercycle', says Datatec's Jens Montanana

    AI has started a tech ‘supercycle’, says Datatec’s Jens Montanana

    29 October 2026
    Icasa wants your fingerprint before you can get a Sim card

    Icasa wants your fingerprint before you can get a Sim card

    29 October 2026
    South Africa's AI policy team is racing a 30 November deadline

    South Africa’s AI policy team is racing a 30 November deadline

    29 October 2026
    A Finnish supercomputer could help close South Africa's AI computing gap

    A Finnish supercomputer could help close South Africa’s AI computing gap

    29 October 2026
    © 2009 - 2026 NewsCentral Media
    Built and maintained by Chronon
    • Cookie policy (ZA)
    • TechCentral – privacy and Popia

    Type above and press Enter to search. Press Esc to cancel.

    Manage consent

    TechCentral uses cookies to enhance its offerings. Consenting to these technologies allows us to serve you better. Not consenting or withdrawing consent may adversely affect certain features and functions of the website.

    Functional Always active
    The technical storage or access is strictly necessary for the legitimate purpose of enabling the use of a specific service explicitly requested by the subscriber or user, or for the sole purpose of carrying out the transmission of a communication over an electronic communications network.
    Preferences
    The technical storage or access is necessary for the legitimate purpose of storing preferences that are not requested by the subscriber or user.
    Statistics
    The technical storage or access that is used exclusively for statistical purposes. The technical storage or access that is used exclusively for anonymous statistical purposes. Without a subpoena, voluntary compliance on the part of your Internet Service Provider, or additional records from a third party, information stored or retrieved for this purpose alone cannot usually be used to identify you.
    Marketing
    The technical storage or access is required to create user profiles to send advertising, or to track the user on a website or across several websites for similar marketing purposes.
    • Manage options
    • Manage services
    • Manage {vendor_count} vendors
    • Read more about these purposes
    View preferences
    • {title}
    • {title}
    • {title}
    🇿🇦 Sign up to the TechCentral newsletter