President Cyril Ramaphosa must deliver on his election promises without delay, says Busisiwe Mavuso, chief operating officer of Business Leadership SA, which represents more than 70 of the country's largest companies."The country needs to realise this is our last chance. If he fails to make the right decisions now, we're going to be another failed African state."He promised to prioritise economic growth, fix Eskom and other state-owned enterprises, fix government institutions and reduce his cabinet and the civil service."In effect he was acknowledging that we're on the precipice." He has no excuse now not to get cracking, says Mavuso, who is also on the board of Business Unity SA."The reprieve that has been given to Ramaphosa up to now was because people thought maybe he doesn't have a mandate yet and that's why he can't take the bold steps necessary."He is no longer going to have that excuse. The stay of execution we've had by ratings agencies and foreign direct investors is going...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.