South Africans can be forgiven for being confused by the release, and subsequent condemnation, of a broad-ranging policy document made available to the public by the National Treasury last week that lays out numerous ideas for resurrecting our stagnant economy.

I’ve always been a fan of Tito Mboweni and his take-no-prisoners attitude to getting things done. I’m saddened he no longer tweets his Lucky Star cooking show. He’s a no-nonsense guy who has served the country admirably as Reserve Bank governor and labour minister, and now in the economic hot seat at the finance ministry. If he says we can save 25% on telecoms costs in the next three years through the "release of spectrum" — and cites the research — I’m happy to believe him. He knows, unlike ANC destructor-general Ace Magashule, his comments affect the market.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now