LETTER: Sona — suddenly the obvious was recognised
Let’s celebrate these powerful, if belated, insights
11 February 2022 - 15:44
byWillem Cronje
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
President Cyril Ramaphosa announced measures to boost business during his state of the nation address on Thursday evening. Picture: GCIS
This was a refreshing state of the nation address (Sona). It was a U-turn. Suddenly the obvious was recognised: the private sector creates jobs; we need exponential growth (Einstein is said to have stated that compound interest is the greatest force in the universe); we should stop stealing and extorting; government should create a conducive environment for investment.
Let’s celebrate these powerful, if belated, insights. It took courage. The radical economic transformation faction will howl. But, please Mr President don’t keep your foot on the brakes at the same time. Complete your revolution by scrapping cadre deployment and the so-called Employment Equity Act.
Taken together, these two dogmas will destroy the much-vaunted private sector, just as they have destroyed the state sector. Cadre deployment excludes competent black people and the Employment Equity Act and BEE quotas exclude competent minorities.
The private sector will not be able to save us if the governing ANC subjects it to the same “transformation” the state has suffered over the last quarter century.
Willem Cronje Cape Town
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Support our award-winning journalism. The Premium package (digital only) is R30 for the first month and thereafter you pay R129 p/m now ad-free for all subscribers.
LETTER: Sona — suddenly the obvious was recognised
Let’s celebrate these powerful, if belated, insights
This was a refreshing state of the nation address (Sona). It was a U-turn. Suddenly the obvious was recognised: the private sector creates jobs; we need exponential growth (Einstein is said to have stated that compound interest is the greatest force in the universe); we should stop stealing and extorting; government should create a conducive environment for investment.
Let’s celebrate these powerful, if belated, insights. It took courage. The radical economic transformation faction will howl. But, please Mr President don’t keep your foot on the brakes at the same time. Complete your revolution by scrapping cadre deployment and the so-called Employment Equity Act.
Taken together, these two dogmas will destroy the much-vaunted private sector, just as they have destroyed the state sector. Cadre deployment excludes competent black people and the Employment Equity Act and BEE quotas exclude competent minorities.
The private sector will not be able to save us if the governing ANC subjects it to the same “transformation” the state has suffered over the last quarter century.
Willem Cronje
Cape Town
JOIN THE DISCUSSION: Send us an email with your comments to letters@businesslive.co.za. Letters of more than 300 words will be edited for length. Anonymous correspondence will not be published. Writers should include a daytime telephone number.
Cabinet is moving on opening up energy market, says Cyril Ramaphosa
Ramaphosa set to extend social relief grant in Sona
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Most Read
Published by Arena Holdings and distributed with the Financial Mail on the last Thursday of every month except December and January.