There exists a dissonance in SA between the government and the private sector, and the trust deficit between the two needed to be tackled, presidential hopeful Nkosazana Dlamini-Zuma says. While the government was dealing with a big deficit and rising debt, the private sector was "flush with cash", she said on Tuesday in Johannesburg. South African businesses thrived globally, yet SA was seen as dragging down the growth trajectory of the rest of the continent due to the "business as usual" approach at home. Dlamini-Zuma, who is challenging for the ANC presidency on a radical economic transformation campaign ticket backed by President Jacob Zuma and his allies, warned that maintaining the status quo in the economy would lead to instability. She deviated considerably from her prepared speech, which bemoaned "white monopoly capital" and its effect on the economy. Instead, she punted a consultative and conciliatory tone in the relationship between business and government. Sectoral advis...
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