BUSISIWE MAVUSO: No quick fixes for SA’s economic woes
Ravages of the Covid-19 lockdowns, load-shedding and persistent corruption continue to haunt our society
There are no quick fixes to our challenge of poverty, inequality and unemployment. The structure of our economy is in a state of transition as we attempt to transform critical sectors, particularly energy and transport, into efficient operating entities that stimulate growth rather than suck the blood out of the economy — as they do now in their dysfunctional state.
This transition has suffered many blows, particularly from the ravages of the Covid-19 lockdowns and increased load-shedding, while we’re still struggling to expunge corruption from our society, something proving difficult because it’s so entrenched...
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