Unpopular NEF, IDC merger may hold back black empowerment
Politicians love power. In fact, they thrive on amassing more power. Whenever politicians amalgamate bureaucratic institutions, the motive behind such a move is usually to consolidate and amass political power rather than to improve the efficiencies of the institutions that are being merged.
This is why mergers that are driven by politicians raise eyebrows, especially when they are often not supported by solid business rationale, but by hidden political agendas.