2min chapter

The Inquiry cover image

Why is South Africa collapsing?

The Inquiry

CHAPTER

The ANC's Vision for the South African Economy

South Africa's economy was based on mining and monopoly. Five or six very powerful companies controlled the economy. It was an economy that was geared to serve the white minority, which currently is less than 10% of the population. The African National Congress began reorganizing the way in which state resources were distributed.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode