Is President Cyril Ramaphosa a businessman? If so, what kind? Does it matter? Should we care? I think it does matter. If there is one characteristic of the successive ANC administrations since democracy, it is a convoluted and somewhat debilitating relationship between the government and business. During the Mandela years there was enormous goodwill but little true understanding of business’s actual needs, but it didn’t matter because everything was so much better than what preceded it. Thabo Mbeki introduced regular meetings with senior businessmen, local and international — much to the ire of the trade union movement and radicals in the party. Yet Mbeki delivered the country’s best economic growth so far. His rude ousting turned out to be a kind of lesson for the Zuma administration: don’t sidle up to business. The relationship with business turned inward and became corrupted, sour and discreet. It was no accident that this period also delivered some of the worst growth statistics...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.