RON DERBY: Woo investors and create certainty is a script set in stone
Regardless of which party or faction wins at the polls, only one scenario will ensure a viable future for the country
There’s only one script for any of our almost 50 political parties that are contesting the sixth polls next week if the country is to get back some of its star billing in the investment world and start breathing confidence into its citizenry and business community. It actually doesn’t matter who scores the bigger win in this little country at the bottom of Africa that still manages to score a front page in the holy grail of capitalism, The Economist. Our political players will all be faced with the same economic headwinds and structural impediments to higher growth — and the ballooning weight of our troubled state-owned enterprises as long as we cannot find a solution to their debt woes. Be it a stronger or weaker ANC, the risk posed by Eskom in particular has to be dealt with. There has to be delivery of growth-boosting spectrum to boost the price competitiveness of data and in turn get a foothold in the fourth industrial revolution, which we have to do to get on top of the expand...
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