PREMIUM!

Too many crooks spoil SA

Columns 2 weeks ago

Infrastructure spending will be more difficult in a junkrated economy ravaged more by governmentimposed lockdown regulations than by Covid-19.


14 Oct 2020
PREMIUM!
Too many crooks spoil SA

African National Congress (ANC) flag. Picture: Gallo Images / Thapelo Maphakela

Two policy announcements this week resemble Finance Minister Tito Mboweni’s cooking. They’re unappetising. There’s something fishy about the half-baked, dog’s breakfast of an economic recovery plan which President Cyril Ramaphosa will present to parliament tomorrow. As Duma Qubule wrote in Business Day, “The Cabinet’s 48-page plan for an infrastructure-led recovery is a shambles of a document, which looks as if it was written by an intern. Almost nothing is costed, so the proposals are little more than a wish list.” And the Expropriation Bill unveiled by ministers Patricia de Lille, Thoko Didiza and Ronald Lamola will give indigestion to land...

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