CLAIRE BISSEKER: Business’s disappointment in Ramaphosa is a sad case of déjà vu
SA’s problems are political; they are never going to be solved by the generation of technical projects and plans
One of the main reasons the SA economy doesn’t grow is the state’s failure to make SA a welcoming place to run a business. Too many people in the governing party fail to appreciate how the market economy works and why a stable, enabling business environment is vital for economic growth.
If they did, President Cyril Ramaphosa would not have had to backtrack on his recent assertion that firms, not governments, create jobs. So it is that, almost five years after the election of arguably SA’s most business-friendly ANC president, the weakness in business confidence and fixed investment has become one of the main impediments to growth...
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.