A mixed bag of wishes – that is what South African economists are offering President Cyril Ramaphosa after his challenge to ministers to come up with a plan to help consumers cope with rising costs.
The usual suspects are there: get rid of costly parastatals‚ rethink land expropriation without compensation.
And economist Dawie Roodt even threw in some tough love: “People have to accept the reality that South Africa is getting poorer and start cutting back on their living standards.”
But independent economist Ntombana Mbele reckons old-fashioned networking and talking to one another might prove an excellent start.
Ministers in the economic cluster were given two weeks to come up with a plan to deal with the ever-rising cost of living for South Africans‚ particularly the staggering petrol hikes.
-For more on this story‚ please visit Times Select. https://select.timeslive.co.za/news/2018-07-20-two-week-action-plan-wont-fix-10-years-of-pillaging-economists/
Cyril's 2-week action plan won't fix 10 years of pillaging: economists
Image: Brian Witbooi
A mixed bag of wishes – that is what South African economists are offering President Cyril Ramaphosa after his challenge to ministers to come up with a plan to help consumers cope with rising costs.
The usual suspects are there: get rid of costly parastatals‚ rethink land expropriation without compensation.
And economist Dawie Roodt even threw in some tough love: “People have to accept the reality that South Africa is getting poorer and start cutting back on their living standards.”
But independent economist Ntombana Mbele reckons old-fashioned networking and talking to one another might prove an excellent start.
Ministers in the economic cluster were given two weeks to come up with a plan to deal with the ever-rising cost of living for South Africans‚ particularly the staggering petrol hikes.
-For more on this story‚ please visit Times Select. https://select.timeslive.co.za/news/2018-07-20-two-week-action-plan-wont-fix-10-years-of-pillaging-economists/
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