“The rationale for Musina-Makhado Special Economic Zone is an industrial-scale lie” by Lauren Liebenberg in Daily Maverick
Whatever profits are to be made will be pocketed not by South African pension funds invested in JSE-listed firms, but by Chinese-owned contractors. The South African taxpayer will be saddled with paying the debt to China to construct all the infrastructure needed.
Mopping up China’s surplus steel-manufacturing capacity?