Corporate and political governance are key to growth, says Prosus CFO
SA also needs to focus on functioning infrastructure, health and education systems, says Basil Sgourdos
27 November 2022 - 06:16
South Africa needs sound corporate and political governance to tackle the structural and economic challenges hampering growth, Naspers and Prosus CFO Basil Sgourdos said this week.
“That's the foundation of everything. You need an understandable and transparent set of rules that people can deal with. Then it needs to be applied consistently. It doesn't matter who you are, where you're from, rules need to be applied. So that's the starting point ... for every country,” he said in an interview with Business Times...
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.