Business leaders aren't pawns, Ramaphosa | The Citizen

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The President and some ministers have met with business leaders after months of increasingly strident corporate warnings that South Africa was approaching collapse. Read more on TheCitizenNews BusinessNews cyrilramaphosa

The electorate won’t do it. The government can’t do it. Now business is going to have a whirl.

In a country where talk of radical concepts such as expropriation without compensation of private property and nationalisation is not simply hot air, business has always been skittish of drawing fire by entering the political arena.From the government side, too, there is a pathological antipathy towards anything smacking of private enterprise.That the government agreed to meet is the other compelling indication of how perilous our situation is.

Businesses should keep in mind that aside from the ruling party’s ideological antipathy its hostility has a practical aspect: in SA, it’s private enterprise versus criminal enterprise.Both it and its talentless cadres rely for survival on the money that is illegally diverted from legitimate businesses and the budgets of government departments., citing anonymous sources, said Ramaphosa outlined firmly to the business leaders what the parameters of the new relationship were.

 

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