STUART THEOBALD: National polls in 2024 will be key inflection point amid regime shift
The private sector is filling the gaps left by Eskom, Transnet, SAA and other dysfunctional SOEs
The economy was growing more than 5% in 2007. Business confidence was near its postdemocratic highs. The Business Day of May 18 2007 quoted the Bureau of Economic Research: “The economy will grow faster than anticipated in the short term, buoyed by resilient consumer demand, ‘fierce’ momentum in fixed investment and stronger export growth”.
Ah, those were the days. Talk to economics students now and it takes quite some effort to convince them that there was such a time. To their minds it has always been doom and gloom, an inexorable slide to economic oblivion. Last week’s shock stage 6 load-shedding will have many joining them. ..
Would you like to comment on this article?
Register (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
Already subscribed? Simply sign in below.
Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now