Eric Naki
Political Editor
2 minute read
15 Oct 2020
6:02 am

Ramaphosa’s economic recovery plan a PR exercise – expert

Eric Naki

No other country other than South African had so far announced a recovery plan after the Covid-19 economic damage.

President Cyril Ramaphosa. Picture: GCIS

President Cyril Ramaphosa’s hyped economic recovery plan is nothing but a PR exercise meant to cover the mess the government caused to the economy, an expert says. Analyst and finance senior lecturer at Wits Business School Dr Thanti Mthanti said the action is too late to help the economy and that Ramaphosa could have acted six months ago, when businesses faced imminent closures and workers job losses as a result of the Covid-19 lockdown. “Where do they get the money now that they did not have six months ago when it was desperately needed? Businesses have closed, airports, buses and...