ISAAH MHLANGA: SA is at risk of getting into an infrastructure paradox
The risk is rising of insufficient investment in projects even when there is high demand and adequate capital
The recent debate on SA’s economic policy proposals does not appear well co-ordinated and risks placing the country in what McKinsey has described as an infrastructure paradox. This is a condition when there is insufficient investment in infrastructure projects even when there is high demand for projects, adequate supply of capital, high appetite for alternative assets by investors and a large number of projects.
This risk is rising because policymakers are failing to make hard trade-offs, a point loudly made by none other than the governor of the SA Reserve Bank, Lesetja Kganyago, in a recent Twitter Spaces conversation hosted by former Business Day editor Songezo Zibi...
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.