ECONOMIC TRANSFORMATION
LUMKILE MONDI: How can EFF woo business and society?
A friend invited me to the ANC 2019 election manifesto workshop held on Monday in Irene. It was not my first time at such workshops, but I noticed a huge change from the past, when Treasury officials such as Maria Ramos, Lesetja Kganyago and Brian Molefe would lead economic discussion, given their embeddedness in the crafting and implementation of economic policy. This time was different. The 2017 Association of Black Securities and Investment Professionals economist of the year, Thabi Leoka, led the discussion on economic transformation, which I missed due to other commitments. My takeaway from the morning session was the ANC’s reliance on "outsiders" to tell it what it needs to do to transform the economy. This confirmed how weak the state capacity and capability to fulfil its constitutional mandate is. This view was reinforced by the ANC’s acknowledgement that it does not know the extent and depth of corruption. This shows the ANC is failing to govern, learn and innovate in craft...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.