BIG READ: Why business may pull SA back from the edge
A chapter written by Busa CEO Cas Coovadia from ‘Tipping Point: Turmoil or reform?’ edited by Raymond Parsons
This contribution is being made at a juncture when people are debating whether SA has reached a tipping point. The basis of the debate is that SA is on the edge of a precipice and could either fall headfirst into turmoil or pull back into the relative safety of reform and wide-ranging transformation. This chapter explores why SA is at the edge of the precipice and what business is trying to do to arrest the country’s perilous descent into darkness.
Business is playing an important role in giving the country space to address critical structural issues, which, if implemented, could boost confidence and attract investment and put us onto an inclusive growth path. The quality and sustainability of economic transformation in SA will depend on how we manage that growth path. The following helps to illustrate why the country is at a precipice:..
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