A redeeming feature of the SAn political economy is that there is a deep understanding of the challenges that confront us and more critically the policy choices and decisions that must be made to solve them. A more important feature is that
we enjoy the constitutionally anchored freedoms to debate all these issues openly without fear. It is something we Must treasure and protect. What we need urgently is a leadership that is prepared to engage and take difficult decisions
to change our circumstances. We all agree that the most compelling decision is to agree on strategy and programme to implement a capable state machinery at all levels at the three spheres of government. This starts with composition of the cabinet.
It also involves implementing a legislated governance framework for managing SOEs that must install an iron clad wall to isolate and insulate political interference in how they are managed. This is urgent and overdue. All it needs is commitment
and tough leadership by President Ramaphosa. We have Not seen that up to now. Decisions recently made at Eskom are inconsistent with credible turnaround practice and commitment for an entity in such dire trouble. So it is with SAA. But all these turnaround
decisions and programme to achieve a capable state require money that the state does Not have. Should we OR should we not approach the IMF. Wise counsel says we should not but rather use the accumulated savings in the country. I agree. But only
under conditions and programme that should Not be substantially different from what the IMF could have imposed. Essentially this means 1. Substantial cuts in state ezpenditure 2. Business rescue like conditions for the turnaround of SOEs 3. Aggressive and
visible fight against corruption 4. Efficient criminal justice system 5. Only capable people in positions
• • •
Missing some Tweet in this thread? You can try to
force a refresh
