SA needs to turn goodwill and good ideas into action on the ground to revive its economy - and business must be part of the solution, while any ANC or other factional interests must be put aside.That's the word from Anglo American CEO Mark Cutifani, who was speaking this week after the group reported a 39% fall in its earnings for the half-year to June to $3.4bn (R57.8bn), with the Covid-19 crisis lopping an estimated $1.1bn off earnings as the diamond market took a huge hit and mines were shut in SA.His comments came in a week in which SA's first application for an International Monetary Fund (IMF) loan was approved, with the government committing in its letter of intent to the IMF to stabilise its public debt and remove structural constraints to growth. It again promised a "third phase" response to the Covid crisis that would be directed towards "reforms to achieve higher and more durable economic growth".In an interview on Thursday, Cutifani praised SA's political leadership...
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.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.