PREMIUM!

Decisive action will save economy

Editorials 1 month ago

An equitable wealth tax on the superrich should also be considered.


18 Sep 2020
PREMIUM!
Decisive action will save economy

President Cyril Ramaphosa addresses a virtual sitting of parliament, 27 August 2020. Picture: GCIS

It is difficult to see how the cloud of the Covid-19 pandemic might have a silver lining for South Africa. Yet, it might – if it leads to a more realistic assessment of what we need to do to save ourselves. If we do not try to rescue our basket-case economy, then we will become a failed state, not worth saving. That is not an exaggeration. It is the simple truth. It is sobering – actually, frightening would be a more accurate word to use – to think that this is the same country which showed, in the early years...

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