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SAM MKOKELI: The problem with investment conferences

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The talk from business leaders is misleading – ‘positive narratives’ are imaginary, just like Monopoly money, writes msmkokeli.

President Cyril Ramaphosa delivering the Keynote address at the Fourth South African Investment Conference. Picture: GCIS/ELMOND JIYANE

For a few hours, SA felt like a different country. The deep problems were drowned out, in narrative contexts at least, by a more positive tone. We would all know if a new R1-trillion rand deposit was made into the economy solely based on “Ramaphoria” or the “new dawn”. There wouldn’t be a need for anyone to blow their trumpets about it.

Business leaders can be short-sighted in their involvement in the government’s public relations drive. We are in this sorry mess partly because respectable business leaders gave credibility to the Jacob Zuma thieving scheme only a few years ago. Zuma did not become a corrupt president overnight. He built a foundation during his first few years, where normally open-eyed people took part in his poor arithmetic games. Within a few years, the system was bent to achieve its corrupt ways.

 

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msmkokeli That Sam still needs to be spelling this out in South Africa, in 2022 just says how broken our system is. Once the “Operation Dudulas” become widespread, maybe then politicians and business leaders will remove the blinkers.

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