Focus on commerce must temper regulatory zeal
Sidelining commercial considerations will result in plans that have no effect on SA’s chances of recovery
Placing one’s hopes on a 2024 political transformation is dangerously — and needlessly — defeatist. Today’s mounting crisis must inspire a prompt overhaul of our national dialogue, allowing a powerful growth plan to emerge supported by necessary policy pivots. The alternatives are prohibitively perilous.
We have long been hurtling towards debt and poverty traps with none of our various leaders able to articulate a compelling growth plan. Why is such a plan still conspicuously absent? The ruling party’s electoral dominance followed from its success at sidelining commercial considerations in economic debates. This is entirely inconsistent with how high-growth countries operate...
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