President Cyril Ramaphosa has often talked up his desire to encourage billions of rands in investment into the country as part of his presidency and administration. However, glacial implementation – and contradictory, anti-growth policy choices – have undermined any notable level of transformative investment.
Mantashe is absolutely correct, but he and the current government should also realise that it is within their power to repeal and reform their very own policy choices of the past 20 years that have steadily undermined economic freedom and caused our national unemployment crisis.
Speaking at an investment summit on September 30, Finance Minister Enoch Godongwana gave quite a candid assessment of the Past decade of attempted “structural reform”: “Government has spent 13 years trying to fix Eskom. We need a paradigm shift. What has got to be the focus is fixing the electricity supply. Let’s not talk Eskom, let’s talk security of supply.”