MICHAEL AVERY: Glimpsing SA’s future in a visit to Kenya
A report making recommendations about Transnet was not made public by the government
Having just returned from a week in Kenya I felt like a time traveller, glimpsing SA’s future where the natural assets of our unmatched people and places have become inversely proportional to our infrastructural decline, amplified by our fiscal debt explosion.
Kenyan President William Ruto is saying all the right things, but a local private equity fund manager born in Kenya tells me he is already making some typical mistakes, replacing large swathes of key government bureaucracy with close friends and allies, and returning “favours”. ..
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