SA's economy is poised for growth. But it requires political will, and courage

In South Africa, the best or the worst never happens.

Jan Smuts, South African Prime Minister from 1939 to 1948

South Africa has muddled through a decade of economic stagnation.

How do business leaders view the current situation?

What are the future growth opportunities?

What are the challenges to achieving the much faster growth rates South Africa desperately needs?

The Money Show’s Bruce Whitfield interviewed Petrus Marais, Senior Managing Director at FTI Consulting.

Listen to the interview in the audio below (and scroll down for quotes from it).

…Create policy certainty. It ranks the highest. Then it’s developing skills… Improve the investment attractiveness of South Africa… To encourage industrialisation… Ensuring a sustainable energy supply…

Petrus Marais, Senior Managing Director - FTI Consulting

Has BEE run its course? Is it becoming a growth inhibitor? Is it becoming a vehicle for manipulation and dishonesty?

Petrus Marais, Senior Managing Director - FTI Consulting

Government doesn’t have money to invest and spend. Government can’t afford to hire more people to create jobs.

Petrus Marais, Senior Managing Director - FTI Consulting

Business doesn’t want to take Government head-on.

Petrus Marais, Senior Managing Director - FTI Consulting

The economy is fixable…

Petrus Marais, Senior Managing Director - FTI Consulting

We believe it [economic recovery] requires a loud voice from business.

Petrus Marais, Senior Managing Director - FTI Consulting

There are skilled prosecutors…

Petrus Marais, Senior Managing Director - FTI Consulting

Get the 10 most-read articles of the week from Bruce Whitfield’s The Money Show, emailed to you every Friday morning:

Subscribe to our Business Wrap Newsletter


This article first appeared on 702 : SA's economy is poised for growth. But it requires political will, and courage


Recommended

by NEWSROOM AI
Read More
Tourism Grading Council of South Africa defends its grading system

Tourism Grading Council of South Africa defends its grading system

Bruce Whitfield interviews Darryl Erasmus, Chief Quality Assurance Officer at the Tourism Grading Council of South Africa.

'Do parties – especially the ANC – want to continue in the sea of mediocrity?'

'Do parties – especially the ANC – want to continue in the sea of mediocrity?'

Bruce Whitfield interviews Colin Coleman (MD, Goldman Sachs Sub Saharan Africa) and Busisiwe Mavuso (COO, Business Leadership SA).

You’re almost certainly – no matter what you believe - crap at investing

You’re almost certainly – no matter what you believe - crap at investing

Data shows that almost everyone sucks at investing, says Warren Ingram. Here's how to avoid shooting yourself in the foot.

Do you have farming equipment, wool, sewing machines or material to donate?

Do you have farming equipment, wool, sewing machines or material to donate?

Sibayeni Small Business Incubation Centre needs help to help 36 small businesses grow.

Zande provides credit via phone to spazas in the form of the goods they sell

Zande provides credit via phone to spazas in the form of the goods they sell

Bruce Whitfield interviews Siya Ntutela of Zande, a platform that allows small retailers to apply for credit and make payments.

How long to keep tax records available for inspection in South Africa

How long to keep tax records available for inspection in South Africa

Should you keep them "forever"? Tax expert Chris Sloane on the requirement to keep tax records available for inspection by Sars.

Popular articles
How long to keep tax records available for inspection in South Africa

How long to keep tax records available for inspection in South Africa

Should you keep them "forever"? Tax expert Chris Sloane on the requirement to keep tax records available for inspection by Sars.

'SA's  decline over the past 12 years is similar to that of war-torn countries'

'SA's decline over the past 12 years is similar to that of war-torn countries'

CEO at Eunomix Claude Baissac says even though SA is ranked above these countries, its decline over the years is 'astounding'.

Direct flight from USA to Cape Town makes Mother City 'a serious contender'

Direct flight from USA to Cape Town makes Mother City 'a serious contender'

Cape Town Mayoral Committee member for economic affairs, James Vos details the exciting new economic opportunity.

3 emergency numbers you should have on speed dial and how they work

3 emergency numbers you should have on speed dial and how they work

These are the emergency numbers you should have on your cellphone and this is what you must understand about how they work.