The government and ANC ideology are a perpetual constraint on business. Take mining for example, the flywheel of this economy. Electricity is the number one issue. The Mining Charter, transport and exploration are second-order issues. Instead of acting, we score more own goals.

Against this backdrop, this felt like a no-nonsense sort of budget. There were no grand analogies with hardy, drought-resistant aloes or harking back to Trevor Manuel’s plums. ..

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