#BusinessBelieves #SupportingSmallBusinesses #EmpoweringBlackLeadership #InvestingInSouthAfrica
By Busi Mavuso
It’s important that the South African government follow through on plans that are going to be developed following the recent unrest to ensure investment in SA continues.
The implications for rural and township economies, where the bulk of the damage was incurred due to recent unrest, looting and destruction to property, will be far reaching.
The cost of the economic carnage in KZN and Gauteng will be carried by the most vulnerable segments of South African society.
The president’s speech on Friday evening, flanked by the heads of the police and army, was the right message to convey to the public.
By Busi Mavuso
The rule of law took precedence over political prudence. No-one can display the contempt of court that Zuma did without expecting consequences.
Business confidence has had a shot in the arm from several directions at once. The arrest Jacob Zuma and improvements in vaccination rates are some of the reasons why.
Former President Jacob Zuma’s arrest shows that no individual, no matter how powerful, is above the laws we have created to serve our democracy.
Eskom’s debt is now less than R400bn. This is still a staggering number but at least it is beginning to reduce.
The state should consider providing further social support for the vast majority of South Africans who aren’t as shielded from the economic strain caused by these unavoidable lockdowns.
The business sector is a national asset. Government needs to work with it to ensure it is not unnecessarily damaged.
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