In the dying days of 2018, it’s time to take stock of whether President Cyril Ramaphosa has delivered on his undertaking, made nine months ago, to restore good governance and reform the economy. He gets six out of 10 for having initiated reforms in several areas, especially for ridding the SA Revenue Service of Tom Moyane, mucking out the state-enterprise stable and scrapping the nuclear deal with Russia. He has also done well in restoring the government’s relationship with the private sector. The jobs and investment summits have built trust and co-operation with (mostly big) business, something that is crucial to SA’s economic recovery. However, we are still waiting for visa reform; faster, cheaper internet; a reduction in red tape and logistics costs; and greater private sector involvement to drive efficiencies in state enterprises, especially at SAA and Eskom. Despite lots of technical panels, commissions, summits and economic recovery plans, the pace of change has been agonising...

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, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00.