MIXING AND FIXING
Both former African National Congress MP Professor Ben Turok and former Eskom adviser Mike Rossouw last week urged government and business to create policies together to end South Africa’s current economic stagflation crisis. Turok lamented South Africa’s policy doldrums and Rossouw its complex mining policy that had too much regulation and negligible implementation. South Africa’s investment trajectory was “pathetic and very dangerous”, said Turok, and the absence of an electricity price path a legal breach, said Rossouw. Turok wants the country to make the best of its mixed economy, with the strengths of both business and government being acknowledged and mutually respected, and Rossouw wants a long-term plan that goes beyond the medium-term National Development Plan to 2030.
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