LETTER: Ramaphosa’s presence not much help
Unless all parts of Ramaphosa’s administration work together towards the same clear goals, SA’s growth will remain stagnant
19 September 2019 - 05:00
The presidency has announced that Cyril Ramaphosa will skip the UN General Assembly meeting to "oversee initiatives to turn around the economy".
But his local presence is neither here nor there when it comes to meaningful economic effects, because SA remains mired in policy contradictions and inconsistencies. Even the finance minister’s new economic strategy falls victim to that structural problem: a pervasive dearth of policy certainty and cohesion between the ruling party and the government and its departments...
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