Advertorial

Ocean Basket

Raymond Ackerman 'opposed to nationalisation'

Comment on this story


RAYMOND_ACKERMAN

Independent Newspapers

Raymond Ackerman - founder of Pick n Pay. Photo: Leon Nicholas.

Pick n Pay founder Raymond Ackerman says he is opposed to nationalisation as government's role was not to run companies.

“I don't believe even the government wants nationalisation,” Ackerman said on Thursday when interviewed on CNBC in Cape Town.

He went on to say that SA had plenty of opportunity, that it had a strong constitution and would not go the way of Zimbabwe.

“We have a wonderful constitution that would protect us from the likes of the ANCYL (African National Congress Youth League),” he said.

The ANCYL has been calling for nationalisation of the mining and banking sector.

Several government ministers have recently come out in opposition to nationalisation including mining minister Susan Shabangu and public enterprises minister Malusi Gigaba. - I-Net Bridge

sign up

Share |  

Facebook icon

Facebook

Twitter icon

Twitter

Google icon

Google

Yahoo icon

Yahoo

Reddit icon

Reddit

del.icio.us icon

del.icio.us

Pinterest icon

Pinterest

Email

Print

  • Rate this article
  • Average reader rating (4 votes) 3 Stars

Comment Guidelines



  1. Please read our comment guidelines.
  2. Login and register, if you haven’ t already.
  3. Write your comment in the block below and click (Post As)

Anonymous, wrote

IOL Comments
03:49pm on 4 August 2011
IOL Comments

The whole nationalsation thing is a ploy by TS and others to lower share prices so they can buy them up cheap!

Report this

IOL Comments

Unzzz, wrote

IOL Comments
03:21pm on 4 August 2011
IOL Comments

Why is it whites who are crying out foul about this issue?

Report this

IOL Comments

Anonymous, wrote

IOL Comments
03:08pm on 4 August 2011
IOL Comments

The TIME HAS COME WHITE MALES STRIKE!

Report this

IOL Comments

Oscar Mpilo, wrote

IOL Comments
03:02pm on 4 August 2011
IOL Comments

Pick n Pay founder Raymond Ackerman must understand that we are not going to nationalise HIS Pick n Pay, he is already rich anyway, we are nationalising MINES for the coming generations

Report this

IOL Comments

hellogolf, wrote

IOL Comments
02:41pm on 4 August 2011
IOL Comments

Pres.Zuma is named 5% in public medias vs Malema 95%.Investing counties reading the news and decide to move further.no investments no jobs for sa.nationalisation means immediate cash into malemas pocket. guys in the townships wake up and dont let fill the private trusts of malemas and zuma family with cash.stand up against them and you will get a job from people like Raymond Ackerman.

Report this

IOL Comments

Titanic, wrote

IOL Comments
02:33pm on 4 August 2011
IOL Comments

Fact is that the government want nationalisation, not to improve the lives of the people or to make SA a better place, but as another way to enrich THEMSELVES ! Does anyone honestly think that they care about anyone other than themselves ?

Report this

IOL Comments

Klein Baas DD, wrote

IOL Comments
01:38pm on 4 August 2011
IOL Comments

Groot Baas Abie - am I the only person here who is battling to figure out what you are trying to say?

Report this

IOL Comments

Anonymous, wrote

IOL Comments
01:23pm on 4 August 2011
IOL Comments

Clearly he has been listening to Juju Malema carelly, very carefully...well done Ray...

Report this

IOL Comments

GROOT BAAS ABIE, wrote

IOL Comments
12:53pm on 4 August 2011
IOL Comments

Give the people what htey want and settle the dispute.If we are in a democratic country, then the only quick solution is to nationalise 50% and privatise 50% of the mines and key industries now.After 4 years lets there be a referendum, where citizens can either vote years or no to privatization. STOP BEING DICTATORS, you are all just a tiny minority with the ANC ministers added. Currently we are under privatization, are the masses benefiting? THe answer is no.Stop being like the America and the United Nation which preach democracy,but allowed America to go and invade Iraq, Afghanistan and Milosevic without their approval.Up to so far what has privatization delivered to the masses.It favours fat cats.Raymond Ackerman is an example.How many workers lost their jobs at south african railways when it was privatised.Could anyone please answer me.Aurora mines own by the Zuma and MANDELA, HOW MANY EUROPEANS and ANC fat cats ARE AFFECTED BY HARD WORK NO PAY.Are these mines not privatized?If they are privatized,then now they should be nationalized.I AM DAMN SURE THAT ALL THE WORKERS WOULD RECEIVE THEIR SALARIES.

Report this

IOL Comments

Anonymous, wrote

IOL Comments
12:44pm on 4 August 2011
IOL Comments

Nationalisation would never work, look at parastatals, all bankrupt. JZ dances to the tune of the ANCYL baby squad. SA needs a real president.

Report this

IOL Comments

shane, wrote

IOL Comments
11:28am on 4 August 2011
IOL Comments

Wehn Raymond speaks, listen very carefully. He know what he speaks about.

Report this

IOL Comments

TOKYO3991, wrote

IOL Comments
11:24am on 4 August 2011
IOL Comments

@JSC... Mbeki is a leader, Zuma sways whichever way the wind blows, the two cannot be compared. Nationalisation will never see the light of day, despite the laughable Toddler Squad's considerable efforts to enrich themselves even further. On the contrary, public enterprises will be privatised to unlock wealth. Malema, Miyeni and their thuggish groupies will be defeated and fade away into blissful inconsequence.

Report this

IOL Comments

Anonymous, wrote

IOL Comments
11:18am on 4 August 2011
IOL Comments

raymond all people with a brain the size of a pea do not want nationailisation.

Report this

IOL Comments

JSC, wrote

IOL Comments
10:55am on 4 August 2011
IOL Comments

Pity our president is so quiet over the issue. Another Mbeki? Silent diplomacy or spineless?

Report this

IOL Comments

Showing items 1 - 14 of 14

Join us on

IOL-Social networks IOL-Social networks
IOL-Social networks

Mobile
on m.br.co.za

IOL-Social networks

Newsletters
Subscribe

IOL-Social networks

RSS feeds
Subscribe

Sudoku