As 2017 draws to a close, SA is mired in controversies and on the brink of a financial precipice. The country finds itself at its worst since the dawn of democracy: the business confidence index is at its lowest since 1985, at the height of the punitive economic sanctions imposed by some in the international community against PW Botha’s apartheid government. We have become weary of political and financial scandals, mostly involving our political mandarins and those closely connected to them in the public sector. Our head of state is the butt of endless, justifiable jokes and has proved to be a major liability to SA Inc. He is in many ways responsible for the parlous state in which we find ourselves. Disclosures or allegations of malfeasance and other forms of corruption are made on almost a weekly basis, and these appear merely to disappear into the ether, without any visible consequences for those said to be the perpetrators. In a mere 23 years, we have moved from being the darling...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.