Now, suddenly, there is a faint ripple of corporate panic that echoes their 1985 response to President PW Botha’s failure to honour his promise “to cross the Rubicon” and dismantle apartheid.
His comments echoed those of Ralph Mupita, CEO of MTN a fortnight ago, that we are in danger of being “a failed nation-state”.Recently, Prof Bonang Mohale, the chair of Bidvest Group and Business Unity SA, went further: “We are not a failing state but a failed state.” Nedbank CEO Mike Brown earlier this month warned of increasing business paralysis because of the infrastructural failures of the state. Business worries, too, about growing political risk.
TheJaundicedEye Cyril fooled so many people with his new dawn. Cyril is a socialist and was never going to make the changes that were required to stimulate economic growth.
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