MARK BARNES: Capital call — why we have to fix our finances
20 March 2025 - 05:00
If SA Inc were a company, it would be planning a rights issue — to shore up the balance sheet and fix the debt-to-equity ratio.
We’re not a public company, but we are a sovereign state, and if we wish to stay that way we’d better fix our finances. If we don’t do it ourselves, we’ll be forced to by others, who otherwise won’t let us remain part of the world economic order. And then it’ll be on their terms, not ours...
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