Each day that goes past, South Africa needs to borrow an extra R2bn just to pay its debt, says Purple Group chair and former Post Office boss Mark Barnes. It’s a visceral reminder that, with its fiscal rope increasingly frayed, the country needs quick interventions to change the trajectory and upend the narrative of failure. 

As Standard Bank CEO Sim Tshabalala puts it, our troubles are far less unusual than we think — “we are neither the exalted ‘rainbow nation’ nor a doomed ‘failing state’”...

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