Cyril Ramaphosa. Picture: GCIS
Cyril Ramaphosa. Picture: GCIS

Many seasoned commentators in your magazine and other publications have a dismal outlook on SA’s future, despite President Cyril Ramaphosa’s best efforts. Yet Business Unity SA expresses optimism: "With the right policy mix … SA can turn a corner" ("Still Muddling Through", Fox, March 7-13).

Our economy is in a mess; corruption and incompetence have robbed us of a future. The gold mining industry, once the bedrock of our economy, is in its twilight years. The mining sector in general is suffering from reduced demand, mineral exploration is stagnant and the unions are a disruptive force, using strong-arm tactics in negotiating unaffordable wage increases.

The other primary industry facing uncertainty is agriculture: wheat yields are down, many dairies have closed and weather conditions have affected the production of maize and sorghum. The land issue has created uncertainty, which jeopardises food security.

It was recently announced that the Agricultural Research Council is on its last legs, which puts development in this vital sector at risk. Pray our renowned Council for Scientific & Industrial Research is not facing a similar fate.

The ruling party recently hinted at using pension funds to assist our ailing economy — but even that will not save us from becoming another African failure. Only employing the right people will reverse our steep trajectory — a most unlikely thing to wish for.

Ted O’Connor

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