HERMAN MASHABA: State is delighting in disregard of certainty about reopening of industries
Why presidential announcements must be a week before the ministers communicate the specifics, I will never understand
Let us be real about something. Our economy was sick and on its way into hospital before Covid-19 hit SA. If you read the views of ratings agencies and international investors, their negative views of our economy were informed by the trifecta of barriers to doing business, a hostile labour regime and a lack of certainty. It is this last point that I want to focus on.
Last Wednesday, President Cyril Ramaphosa addressed the nation on new measures to open the economy, with an emphasis on the restaurant, personal care and hospitality industries. It was welcome and overdue news to an industry with many businesses that will never recover from the world’s longest and hardest lockdown...
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