EDITORIAL: Patriotic CEOs must make sure to get a return on their investment

SA’s big business sector is nothing if not persistent. It put huge effort and resources into helping the government manage the Covid-19 pandemic. Without it, SA would have fared a lot worse, yet business seldom gets the credit it is due.

President Cyril Ramaphosa has been happy to grant business leaders an audience in his years in the Union Buildings. He listens and frequently agrees when they alert him to the ever more dysfunctional state of the economy and urge specific actions to arrest it. But that doesn’t mean he acts. Frequently nothing happens. Even if it does, as it finally did when the president overrode his ministers on energy reforms, the pace is too slow and the bureaucratic hurdles too rigid to halt the crisis. ...

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

EDITORIAL: Have CEOs been suckered by ANC promises?The business sector is in cloud-cuckoo-land if it thinks the ruling party will ever really quit its addiction to zombie economics.
Source: FinancialMail - 🏆 20. / 63 Read more »

CEOs warn that unemployment in South Africa could get much worseBusiness leaders have warned president Cyril Ramaphosa that South Africa's unemployment rate could shoot up if the government doesn't urgently address the crises hitting the economy.
Source: BusinessTechSA - 🏆 24. / 61 Read more »