Editorial | SA's economy is at a tipping point | Citypress

  • 📰 City_Press
  • ⏱ Reading Time:
  • 42 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 20%
  • Publisher: 72%

South Africa Headlines News

South Africa Latest News,South Africa Headlines

Editorial | This is truly South Africa’s tipping point; socially, economically and politically. What has been cannot be what will be or we will fail, locked in a debt spiral and rising social dissatisfaction. Act now.

South Africa’s already moribund economy has, like that of many countries, not been spared the additional devastation brought on by the Covid-19 coronavirus pandemic.

It is against this calamitous backdrop that President Cyril Ramaphosa this week delivered the government’s economic reconstruction and recovery plan to both Parliament and the nation.Expectations were high. This was not the time for revolutionary rhetoric or factional ideologies. This was the time for concrete plans; established timelines; clear and achievable goals. The nation waited for a single-minded focus and clear vision.

Other state-owned enterprises are broke and broken, lining up one by one for hand-outs from Treasury – Denel, the Land Bank, Alexkor, SAA. Expectations were high. This was not the time for revolutionary rhetoric or factional ideologies. This was the time for concrete plans; established timelines; clear and achievable goals. The nation waited for a single-minded focus and clear vision

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 7. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

86% of SA parents want their kids to learn online and in classrooms | CitypressRecent lockdown conditions threw the gauntlet down at South Africa’s education system – adapt to the online world quickly to keep up with the syllabus during unforeseen circumstances or face stalling learning completely, compromising the future of South Africa’s youth
Source: City_Press - 🏆 7. / 72 Read more »

SA to privatise lucrative train routes in metros | CitypressPresident Cyril Ramaphosa wants to privatise some of the country’s most lucrative commuter train routes to improve access for nearly 1 million people. Sounds more like an extension of Gautrain to me So no more terene in South Africa?
Source: City_Press - 🏆 7. / 72 Read more »

There are no farm murders in SA, whites are here to undermine the land issue – Malema | CitypressEFF leader Julius Malema said the EFF came to Senekal on Friday to tell white terrorists that 'black South Africans are tired of living like slaves and adopted children in their own country' I thought that it's about defending democracy, state property, and the rule of law, but now it's about spreading a narrative about white people being evil terrorists that need to be opposed at every turn? Shocker. And called blacks monkeys Useless 🔴
Source: City_Press - 🏆 7. / 72 Read more »

What’s in store for Miss SA this year? | CitypressReigning Miss Universe Zozibini Tunzi is returning to South Africa to act as a judge at this year’s Miss SA competition next week. Wow! she is an actor now! 'Act' 🤔🤔🤔🤔🤔 these media houses BALOI I tell u Where the hell is she now
Source: City_Press - 🏆 7. / 72 Read more »

SA Rugby to get paid for Rugby Championship no-show? | CitypressIn what could turn out to be some kind of negotiating genius, it would appear that SA Rugby’s decision to withdraw the Springboks from playing in the Rugby Championship in Australia won't stop it from getting its share of the proceeds from the tournament
Source: City_Press - 🏆 7. / 72 Read more »

Olivier’s dream run sees him into Growthpoint SA Squash Nationals finalRuan Olivier continued his dream run in the Growthpoint SA Nationals squash tournament when he upset top seed JP Brits in the men’s semifinals at the Brooklyn Mall in Pretoria on Friday. squashsa Growthpoint SANationalSquashChampionships | IOLsport
Source: IOL - 🏆 46. / 51 Read more »