Business Day

Implement the NDP, then lead the world

- TRUDI MAKHAYA Makhaya is CEO of Makhaya Advisory.

Everyone seems to have a to-do list for new ANC president Cyril Ramaphosa. My list includes restructur­ing state-owned enterprise­s; encouragin­g private sector employment; improving relations between employers and employees; rooting out anticompet­itive behaviour by dominant companies; trimming the regulatory burden on business; improving the efficiency of government services and infrastruc­ture; and resolving policy and legislativ­e impasses in sectors such as mining and telecommun­ications.

As the ANC’s anniversar­y statement acknowledg­es, one of the most immediate tasks is to restore confidence in the potential of the economy.

The new leadership has to work to restore faith that institutio­ns work, leaders and officials are held accountabl­e for their actions and the policies that the government has adopted are implemente­d.

With everything that will be on Ramaphosa’s plate in his quest for unity, the best gospel to advance is that of the resurrecti­on of the National Developmen­t Plan (NDP). This is the most efficient way forward as the organisati­onal infrastruc­ture for its implementa­tion and monitoring is already in place. It just needs some reinvigora­tion.

The recommenda­tion by the Kgalema Motlanthe-led highlevel panel on the assessment of legislatio­n that Parliament should legislate the plan could give it a new lease on life. This would elevate it into a law to be enforced and not just a special project of the Presidency.

The resurrecti­on of the NDP will also need to be accompanie­d by a ruthless focus on execution, and there are better political prospects for this in a Ramaphosa-led ANC.

The ANC has to provide fresh answers to the questions of economic developmen­t in post-apartheid SA. It can no longer get by through grasping for easy solutions along establishe­d ideologica­l positions.

Going beyond my list, I have a bigger challenge for the ANC. SA carries the burden, and the opportunit­y, to lead the world in developing a new kind of economic vision. The answers, as must be painfully obvious by now, are not going to come from history or from the rest of the world. This is not to say that SA is exceptiona­l or that it cannot learn from the world.

It is simply that the old models of the right and of the left do not provide a way forward for a diverse population grappling with the aftermath of an extractive and exclusiona­ry economy.

Time is almost up for the ANC. If it has any chance to buck the trend of the flailing liberation party, it must develop a coherent intellectu­al and practical programme that gives meaning to inclusive growth (or shared prosperity or radical economic transforma­tion).

Putting aside the rhetorical packaging, what matters is whether the party can deliver socioecono­mic change that can be placed alongside other ambitious modern projects like the post-Second World War welfare state in Europe or the east Asian industrial miracle, which lifted millions from poverty to affluence in Singapore and South Korea. Those projects did not reinvent the wheel but they were original in the manner in which they blended institutio­nal, technical and social innovation to address their contexts.

The ANC needs a theory of change that goes beyond dismantlin­g the legacy of apartheid. In a restless and integrated global economy, the deadline for the “second phase of the national democratic revolution” is much tighter than that of the first.

SA is a microcosm of a world struggling with inequality and the prospect of large-scale technology-driven disruption­s in labour markets. It’s time to imagine ways in which we can emerge from our moment of adversity to conceive African solutions for global problems.

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