PHILIPPE BURGER: Building an economy, building hope

Many South Africans watched in disbelief last week as KwaZulu-Natal and Gauteng descended into looting, chaos and destruction after Jacob Zuma’s imprisonment. Though probably instigated by disgruntled pro-Zuma supporters, it is clear that the protests very quickly spun out of control.

Covid-19 also aggravated the situation, with 1.4-million people losing their jobs as a result of lockdown measures. In addition, the R350 Covid relief grant expired at the end of April, leaving many with less food on the table. We need to ensure that every South African has a stake in the economy. That way people will have a sense of belonging, they will have options and agency, and they will have resources to improve their lives. They will have hope that the future looks better than the present. A person with a stake in the system is unlikely to break that system.

The type and location of investment is also important. Data from the Council for Scientific & Industrial Research shows that SA’s urban population will have increased to between 50-million and 52-million by 2035 . That is an increase of 12-million to 14-million compared with 2018.

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