Cyril on a tight-rope: Paradox, not policy certainty the outcome of the ANC conference

Will the honeymoon breathing space of optimism that the worst corruption is over and that more business-friendly policies and better public spending behaviour be utilised or wasted? With new reports of the ANC’s national executive committee setting wheels in motion to recall Zuma as president, it is important to note that acting against Zuma would still not set enterprise friendly policies in place.

South Africa’s post-apartheid ANC policies and strategies dealing with enterprise development have been largely driven by an increasingly unfriendly framework for established businesses as well as an anti-growth premise. In the final gasps of December 2017, the ANC Conference even took unanimously policy positions that makes mockery of Ramaphosa’s utterances of making growth the priority.

The decisions to endorse Zuma’s announcement on free tertiary education and to change the Constitution to enable expropriation without compensation, provide ample proof the ANC doesn’t understand what is required to ensure growth and to step back from the fiscal cliff.

Continue reading “Cyril on a tight-rope: Paradox, not policy certainty the outcome of the ANC conference”

The Hammer and Sickle 100 years on… A legacy with larger atrocities than achievements (and lessons for SA)

A starving Ukrainian boy 1933

The focus in South Africa is so much on the State Capture saga and the ANC’s forthcoming elective conference that few realise we commemorate over the next three weeks two of the most significant events that have shaped our world: the Reformation triggered by Luther’s stance against Rome 500 years ago (30 October 1517) and the Bolshevik Revolution of 7 November 1917 (known as the Great October Socialist Revolution). Both had far-reaching implications for society as a whole, also for the world of enterprise. (Luther’s legacy will be assessed in a subsequent contribution.) Continue reading “The Hammer and Sickle 100 years on… A legacy with larger atrocities than achievements (and lessons for SA)”