SA’s massive investment boycott
The trust relationship between the state and the private sector has deteriorated rapidly over the last five years.
Ryk van Niekerk 14 August 2017
President Zuma’s term in office has wreaked havoc on the SA economy. Picture: Reuters/Rogan Ward
The notion of a tax boycott seems to creep into many casual conversations among taxpayers.
Recent revelations of the extent of corruption and flows of billions to Dubai, do not sit well with those funding state coffers, and rightly so.
Ignoring the merits and possible consequences of such a revolt, the practical prospects of a wide scale tax boycott are limited. But many South Africans may be oblivious to a massive investment boycott by the private sector that is on the go.
This boycott began when President Jacob Zuma took office and has steadily gained momentum over the last five years as the trust relationship between the […]