Later this week President Cyril Ramaphosa will deliver the first state of the nation address of the sixth parliament, but the state of our nation was already revealed in three statistics released in May. Our gross fixed capital formation — in other words net investment — fell for the fifth consecutive quarter, our economy contracted 3.2% in the first quarter and our broad unemployment rate grew to its highest mark of 38%, or 9.9-million South Africans. 

We’re not attracting investment, which means we can’t grow the economy, which means we can’t create jobs. That’s the true state of our nation, and it is a direct result of two-and-a-half decades of poor governance brought about by the deployment of unsuitable cadres to critical government positions...

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