POLICIES FOR GROWTH
Lack of political will is killing economy
It is clear that what is missing is the political will and conviction to allocate competent human resources to execute plans
It would be a gross understatement to characterise the past decade as a period of profound policy inconsistency and poor leadership at all levels in the political economy. In fact, it has been total chaos. After the global confusion of 2009, SA needed a focused and efficient state machine managed by competent leaders with the conviction and courage to steer the ship wisely in dangerous times. But the opposite has been the case — we have recklessly navigated ourselves into junk status and recession. Conviction is derived from the certainty of strategic vision and mission. Courage emerges from the belief that a chosen mission is right and just. However, in the past decade, we have witnessed policy instability and turmoil in the governing alliance, driven by rival factions specialising in corruption and incompetence. The state-owned enterprises that were required to bolster growth and development are showing erosion in governance and financial stability. This should not have been the c...
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