SA is confirming what its well-wishers globally have been dreading for some time: the country has lost its head when it comes to the management of government finances and the economy.

This confirmation comes via the proposal to cancel the country’s self-protection so that the government can pay civil servant salaries and throw money into the big black hole also known as state-owned enterprises. The country’s economic and financial weaknesses suggest now is not the time for this kind of folly...

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