To combat both slowness of development within the Transkei, and to help solve the migratory labour and increasing population proble, an alternative plan of Border industries has been established. East London is already the centre of these foo both the Transkei and Ciskei areas. The Bantu Investment Corporation with a capital of over 1,000, 000, is willing to lend to Bantu businessmen. Success ultimately depends on Bantu co-operation. Paramount Chief Victor Poto and the White population of some thoussnds, many of them farmers and traders born and bred in the Transkei, want the fastest development possible using White capital and skill. This would implement the Tomlinson report as the only way to make the area viable and able to support a growing population. Contrary to this the Forst Minister of the Tranekei, Chief Kaiser Matanzimo, as a Bantu nationalist, and the South African Government, with its separate development policy, do not wish to see a White- controlled industry grow up in the Bantu homelands.
