As business lurches from one mistake to the next, SA’s recovery founders
It can have all the plans it likes, the real problem is the state’s lack of political will to drive economic reform
As much as things may seem to change in SA, they really just stay the same. I’m referring to the business-government relationship and the failure of business to learn from its mistakes.
The business-government relationship should have collapsed after then finance minister Nhlanhla Nene was fired in 2015 for failing to get out of the Guptas’ way, but business took nearly a year before it became outspoken against state capture.
Instead, it became preoccupied with the side-show of developing technical plans and projects to rebuild confidence in the economy even as then president Jacob Zuma’s camp continued to ravage the institutions on which the economy relied...