All the hype about tackling the problems with the economy will turn out to be hot air, as we have become used to. The fundamental causes are a long way from being addressed.
For starters, the state-owned enterprises (SOEs) are grossly overstaffed. The unions dictate to our socialist government and, apart from blocking retrenchments, have induced the government to bring in minimum wages and labour laws that encourage businesses to mechanise to the hilt so as to reduce labour...
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