Employment in South Africa’s engineering sector has fallen sharply over the past two decades to half of where it should be. In this interview, Gordon Angus of the employer association SEAFA explains why, putting the blame squarely on idealistic but hugely destructive government regulations which are heavily weighted against entrepreneurs – every economy’s lifeblood. He shared the uncomfortable ‘Uber Truths’ with BizNews editor Alec Hogg.
Video production by Rex George
Timestamps
01:04 – What the South African Engineers and Founders Association is?
02:00 – How the scale of the sector has changed
03:27 – The South African economy
05:43 – What’s happening at Arcelor Mittal right now
07:01 – Advice to turn it around
11:24 – The response/anger of the public
13:36 – Collaboration between Big Business and the government
16:11 – Two types of business leaders
19:42 – Conclusion