BUSISIWE MAVUSO: No quick fixes for SA’s economic woes 🔒
There are no quick fixes to our challenge of poverty, inequality and unemployment. The structure of our economy is in a state of transition as we attempt to transform critical sectors, particularly energy and transport, into efficient operating entities that stimulate growth rather than suck the blood out of the economy — as they do now in their dysfunctional state.
This transition has suffered many blows, particularly from the ravages of the Covid-19 lockdowns and increased load-shedding, while we’re still struggling to expunge corruption from our society, something proving difficult because it’s so entrenched...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.
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