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SA Explained: Lessons for South Africa from Venezuela | SA News

Venezuela’s collapse did not happen overnight. It was the result of decades of policy choices that concentrated power in the state, weakened institutions and replaced competence with loyalty.

In this episode of SA Explained, Francis Herd and Aakash Bramdeo trace how nationalisation, political patronage and corruption hollowed out Venezuela’s economy. Industries that once functioned efficiently deteriorated as political connections replaced technical expertise. Hyperinflation followed, and millions of ordinary Venezuelans were forced to leave in search of survival.

The discussion draws clear parallels with South Africa’s own debates around state ownership, cadre deployment and economic…

The Knysna Oyster Festival: This annual festival celebrates the local oyster harvest
and includes various activities and events centered around food and culture.

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  1. Do not argue with a fool because he will drag you down to his level and then beat you with experience.