CAROL PATON: Opening the door, but unable to enter it
We are back at the interminable negotiating table, with business, labour and government seeking another blueprint for economic recovery
In his oped at the weekend finance minister Tito Mboweni tried to whip up enthusiasm for the government’s economic reform programme, which he said would be driven jointly by the Treasury and the presidency through “Operation Vulindlela” or “opening the way”.
It was difficult for me to share his enthusiasm, as he announced Vulindlela a year ago but it did not materialise. The document, which came as the economy sank into stagnation and a ratings downgrade loomed, was welcomed with relief by a depressed business and investor community. But the thrust of the paper was no different from every budget review of the past decade...
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.