i PERSPECTIVES ON BUSINESS AND ECONOMICS Volume 38 2020 THE GAY AND DOUGLAS LANE JOURNAL OF THE LEHIGH UNIVERSITY MARTINDALE CENTER STUDENT ASSOCIATES Perspectives on Business and Economics is published by the Martindale Center for the Study of Private Enterprise. Editorial offices: Rauch Business Center, 621 Taylor St., Lehigh University, Bethlehem, PA 18015. SOUTH AFRICA: REMEDIES FOR THE PAST AND OPPORTUNITIES FOR THE FUTURE Stephen Cutcliffe, Ph.D. Editor Editorial Board Vera L. Fennell, Ph.D. Todd A. Watkins, Ph.D. Catherine M. Ridings, Ph.D. Richard N. Weisman, Ph.D. Andrew Ward, Ph.D. George P. White, Ph.D.