Like Spur, Discovery will find out that racial discrimination does not work

Opinion by FF Plus

0
Like Spur, Discovery will find out that racial discrimination does not work
Like Spur, Discovery will find out that racial discrimination does not work

Discovery’s plan to allocate ten percent of its shares to black clients at no cost under the smoke screen of empowerment is nothing but blatant racism. In essence, Discovery’s idea to establish a new bank is a good one seeing as it will encourage competition in the banking industry. It is just a shame that this plan had to start off on the wrong, and racist, foot.

Discovery must not forget who its very first clients were and who helped the company to become a financial giant. Today, Discovery has clients of all races and backgrounds. All these people are important and play a role in ensuring Discovery’s success.

To tell one group that their skin colour disqualifies them from obtaining free shares is simply immoral.

And the reason for this is that poverty is a pervasive problem among all races. The general consensus is that poverty nowadays is intraracial and that it is no longer an interracial phenomenon. And thus,

Discovery should rather allocate its shares based on the socio economic need.

If Discovery really believes that race must be the determining factor when free shares are allocated, then Adrian Gore must prove this conviction by giving away his own shares as he cannot expect white clients to bear the burden for shares that are only given to black people.

If Discovery does no let go of its racist plan, it won’t be long before the company finds out that white clients will voice their opinion by simply taking their money and business elsewhere.

Remember what happened to Spur. It is not worth it to jeopardise a company like Discovery that adds value to the economy just because of this silly racist shares plan and the FF Plus is calling on Discovery to seriously reconsider its plans.

Read the original article in Afrikaans by Adv Anton Alberts on FF Plus

South Africa Today – South Africa News

Discovery bank racial discrimination: You have to be black, it’s not for whites!

AfriForum launches campaign and website against Discovery racism

Related Post

Applications for interdict against BLF from occupy... Ten applicants, all wine farmers, filed an urgent interdict at the Western Cape High Court against Black Land First. The application was made to pr...
After 25 years of ANC rule, South Africa is on the... Parliamentary debate: “Growing and transforming South Africa together from an apartheid state to a thriving democracy”. South Africa is, in every prac...
MTN supports the racist EFF and ANC but not the Af... The civil rights organisation AfriForum declared a dispute with MTN and launched a public campaign over the alleged racist action that is supported by...
Eskom total failure: ‘Black Star Event’... By Dr Anthony Turton: Some years ago when the first Eskom load shedding began I was invited to participate in a simulation exercise run by a multinati...
Disclaimer: The views of authors published on South Africa Today are their own and do not necessarily represent the views of South Africa Today. By viewing, visiting, using, or interacting with SouthAfricaToday.net, you are agreeing to all the provisions of the Terms of Use Policy and the Privacy Policy.