SA needs a real plan, not the ‘good story’ being sold in Davos and London

Of course he should be.Successive ministers, especially those in vital posts such as finance and even those good guys who might not have actually believed it, have been telling a good story for years.

Growth forecasts from Treasury and the South African Reserve Bank have consistently been too optimistic. At least President Cyril Ramaphosa has succeeded in forcing South African Airways into a structured business rescue process. It is Eskom, though, that is the great unknown. Mboweni said he would be frank about our challenges at Davos and at the UK-Africa Investment Summit in London.

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