LUMKILE MONDI: Crisis continues as leaders put companies and political parties first
When unemployment, poverty and inequality worsen with no outcry I have now understood that the current crop of leaders in both the private and public sectors cannot punch above their weight
SA’s economic potential is no guarantee of good economic performance, irrespective of what finance minister Tito Mboweni tables in the medium-term budget policy statement next week. When unemployment, poverty and inequality worsen with no outcry I have now understood that the current crop of leaders in both the private and public sectors cannot punch above their weight. Leaders in both sectors have put their own companies and political parties first, with no passion for resolving our crisis. I have sat in meetings and heard a number of times leaders in the corporate world complain about the domestic policy environment and the uncertainties it presents regarding injecting capital into new projects. In the public space, apartheid is blamed for all our ills. When corrupt individuals are caught, they insist they don't need to resign until found guilty in a court of law. These are tough times for SA, but it is common to hear the leadership I have described above consoling itself that SA ...
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