The investment summit led by President Cyril Ramaphosa last week was a resounding success. With R290bn raised in two days, it demonstrates that SA is again open for business. The pledges of about R400bn raised by the president’s special envoys from several countries are also encouraging. SA’s largest companies are now willing to partner with the government to build the economy. This signals that the so-called “investment strike” by business is coming to an end. However, there’s a blot in Ramaphosa’s efforts to rebuild the economy. Reports that trade and industry minister Rob Davies is complaining about being sidelined are worrying. He appears to be in the dark about the work of the special envoys appointed by the president. All ministers are appointed and serve at the prerogative of the president. Davies’s side-lining raises the notion that the executive is bloated with duplication of functions by the different ministries. The president appointed economic development minister Ebrahi...

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