LETTER: State-led strategy a recipe for disaster
The government is guided by outdated political and economic ideology, which is the antithesis of what our country needs
23 June 2020 - 16:38
President Cyril Ramaphosa’s ominous assertion last week that SA’s economic recovery should be “state led” might not inspire confidence in institutional, public or private investors.
Sadly, the state has proved time and again that it is incapable of managing our economy properly because it is captured by an outdated political and economic ideology, implemented by incompetent, self-serving individuals within the ANC and its alliance partners, which is the antithesis of what our country needs...
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