BizNews Edge: Why the IRR's John Endres is more bullish on SA than Britain
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John Endres, CEO of the Institute for Race Relations, tells BizNews that the elite consensus defending BEE is cracking, even as its beneficiaries defend it loudest. He points to the Starlink saga - blocked partly over empowerment shareholding while a pricier, slower rival wins state favour - as proof the policy is running out of road. Endres also unpacks why so many of South Africa's estimated one million skilled emigrants stay away, and delivers an unexpected verdict: he's more optimistic about South Africa's prospects than Britain's, arguing the UK has traded freedom for safety and lost its economic nerve in the process.
