LETTER: Stand tall, Ramaphosa, and start fixing SOEs
The president’s refusal to take unpalatable steps over retrenchments has pushed enterprises to the brink despite crippling bailouts
08 August 2019 - 05:00
The erudite Carol Paton asks whether President Cyril Ramaphosa will be “the president of austerity or the one who lands SA on the doorstep of the IMF” (“Ramaphosa can no longer wimp out of cost-cutting (https://www.businesslive.co.za/bd/opinion/columnists/2019-08-06-carol-paton-ramaphosa-can-no-longer-wimp-out-of-cost-cutting/)”, August 6).
The economy is on a precipice, yet “Ramaphosa’s response to the country’s deteriorating finances has been, at best, naïve and, at worst, populist and irresponsible”...
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