SA Economy Will Be Turned Around by Action and not Words
15 October 2020
President Ramaphosa yet again chose party over country today in presenting his so-called “Economic Recovery Plan.” The president seems incapable of taking the tough reforms the economy needs, for fear of alienating factions within the governing party.
It is unfortunate that in a time when our country and economy needs bold and decisive leadership, the President instead used the opportunity to rehash much of what has been said in the past. Our economy is in the state it is in precisely because more has been said than done.
In my address this week on economic recovery, I focussed on the need for policy certainty and execution of such clear policy directives. This is where our government has failed over many years, because the plans of government are rejected by the factional elements within the ANC and its tripartite partners.
It is clear from his address today that the President is yet to break free from the ideological constraints placed on him by his alliance partners.