Mupita warns of three horsemen of the apocalypse: power outages, failing logistics infrastructure and corruption
SA risks spiralling into a failed state, says MTN boss Ralph Mupita, becoming the latest high-profile business leader to express frustration about the stewardship of the economy, which is grappling with power outages, failing logistics infrastructure and corruption.
“I’m not saying we’re there [yet] but inaction could lead us there. Things we need to tackle: the energy crisis that we’re experiencing right now. Sustained stage 4 is going to inhibit growth in the country...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 TimesLive Premium.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa risks becoming a failed stateMTN Group CEO Ralph Mupita has a dire warning for the South African government.
Read more »
Blackouts cost MTN R695m in 2022SA could become a failed state unless it deals with the crisis, CEO Ralph Mupita warns
Read more »
Blackouts cost MTN R695m in 2022SA could become a failed state unless it deals with the crisis, CEO Ralph Mupita warns
Read more »
Power cuts, crime and corruption threaten to tip SA into a failed state, says MTN CEORalph Mupita says the government and business must jointly deal with the crises
Read more »
MTN Group CEO: South Africa risks becoming a failed state - TechCentralSouth Africa risks becoming a “failed nation state” unless government resolves the energy, corruption and unemployment crises, said Ralph Mupita.
Read more »