David Shapiro, Deputy Chairman at Sasfin Securities joined Alec Hogg on the BizNews Power Hour to discuss Helen Zille’s book ‘#Stay woke: Go broke‘. Shapiro shares his disappointment with how the Rainbow Nation has turned out, discusses Ramaphosa and his leadership, and adds a level-headed voice to the market after Tongaat’s cautionary announcement and share price drop.
David Shapiro on the Ramaphosa presidency and ANC rule:
I don’t think we’re ever going to regain that kind of view that people had of us in the 90s when democracy was introduced. The only way we can ever get back to being that beacon of light for Africa is to actually remove everybody and start again. I don’t know who’s going to replace them, but I’ve become very disappointed in what we’ve seen. I married into a deeply political family – a family who gave up so much to achieve what they did in 1994.