HILARY JOFFE: Insfrastructure-led recovery means ... investment in infrastructure

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HILARY JOFFE: Insfrastructure-led recovery means ... investment in infrastructure
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Endless conferences won't lead to any economic benefit unless the government does what it says it wants to do, writes Hilary Joffe

Finance minister Enoch Godongwana spoke recently of an infrastructure-led recovery. So too did President Cyril Ramaphosa, in a keynote address to yet another investment symposium this week.

But there’s no infrastructure-led recovery, and another conference won’t magic that one up. At least, not until the government itself does the hard slog that’s needed to support the spin...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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