A good week

There weren’t many cheers when Moody’s junked us on Friday — except from finance minister Tito Mboweni, who now has President Cyril Ramaphosa’s backing to reform SA’s badly listing economy. Mboweni’s voice of reason has long fallen on deaf ears, but maybe the forces of radical economic transformation and the unions will finally pay attention. We’d start with a bloated civil service, red tape, labour laws and malfunctioning municipalities, not a new unit in the finance ministry, however snappy its name. But that’s us...

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.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.