Ina Opperman
Business Journalist
6 minute read
2 Sep 2021
1:56 pm

Jobs, Eskom, BEE: Ramaphosa’s Friday speech must get ‘back to the basics’

Ina Opperman

This is what economists want to hear from President Cyril Ramaphosa when he updates Parliament on Friday: less planning and more doing.

President Cyril Ramaphosa.

When President Cyril Ramaphosa updates Parliament on Friday on progress regarding the implementation of the country’s Economic Reconstruction and Recovery Plan, economists hope he will talk about implementation and not more planning. Top of the agenda should be jobs, says economist Mike Schüssler. “I want to hear the president say that South Africa will do everything in its power to put jobs first. Only health and safety come before job creation and nothing else, with issues such as BEE [Black Economic Empowerment] and localisation in second or third place.” He said the only investment criteria that government should look at...