Time for ANC to face the truth

Financial Mail - - YOU SAID... - Ted O’con­nor Al­bert­skroon

“Anatomy of a Cri­sis” (Cover Story, Septem­ber 13-19) traces our jour­ney dur­ing the Jacob Zuma years that de­liv­ered a per­fect storm, with help from the Gupta fam­ily and other cor­rupt cronies.

After the global melt­down, trad­ing con­di­tions nor­malised. Had fis­cal dis­ci­pline been en­forced, our sov­er­eign debt kept man­age­able and those in­volved in malfea­sance pros­e­cuted, the cri­sis we now face could have been averted.

The coun­try’s loss of skills has af­fected our man­u­fac­tur­ing base, re­sult­ing in empty shelves. There is also a prob­lem of a hos­tile and un­pro­duc­tive labour force — and a pos­si­ble change of sen­ti­ment by Moody’s, turn­ing to a neg­a­tive out­look.

In al­most ev­ery area of gov­ern­ment we can see col­lapse, and the rul­ing party seems at war with it­self.

It is not sur­pris­ing that the fore­casts of the fu­ture role of agriculture and the con­tri­bu­tion it makes to our GDP are un­cer­tain, be­cause of the de­bate rag­ing about prop­erty rights. We seem to have en­tered the eye of a hur­ri­cane, and re­cov­ery is only likely when the gov­ern­ment re­alises that the pri­vate sec­tor — not ide­al­is­tic so­cial­ist non­sense — is the cat­a­lyst that drives the econ­omy.

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