06/08/2022
“In 2003 Shoprite was making R29 billion a year and Pick & Pay was making R30 billion a year, today Shoprite is making a R102 billion a year and Pick & Pay is making R79 billion a year.
Shoprite started making more than R70 billion year just by moving into the townships, this is not the only money Shoprite receives from black people.
Shoprite gets 80 percent of its profit from black people.
This is why it is important for us to create our own jobs.
Black people have wealth, the problem is we give all of it away to white owned businesses.
Retail stores like Boxer, Shoprite, Pep, Ackermans and Pick & Pay are all owned by white people.
In other words black people give more than R2 trillion a year of their money to white owned businesses.
Insurance companies, restaurants, car dealers, farms and petroleum garages are all owned by foreigners and by white people.
The Somalians have monopolised our spaza shop economy but then people still call it white monopoly capital.
Somalians take billions of rands out of our townships every day.
This is because Somalians support each other, they do not have time to discuss political ideologies.
They only discuss business and economics.
They have created a system that benefits all of them.
They have their own mini banks and they create their own jobs.
In town Zimbabweans own metre taxi's, in some parts of the Western Cape of you call an Uber chances are the call will be picked up by a person from Zimbabwe.
In the townships they make and sell cleaning products.
Brooms, mops and other cleaning products are sold by these people.
They don't even vote but they are running their own businesses, we vote but we struggle to get together to start small businesses.
I think our leaders should focus more on black entrepreneurship, we should put ourselves first and stop trying to save other people, infact let's be selfish with our money even if it means we have to wear cheap clothes and eat cheap food until we gain our economic liberation.
I always
