National Treasury is incapable of coming up with the sweeping governmental, social and economic changes required to dig South Africa out of its economic hole.
Under President Jacob Zuma the economy didn’t recover as much as it should have from the global financial crisis.
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The only way out of South Africa’s crisis - financially wobbly utility Eskom, worsening public finances and poor economic growth - is a societal agreement that recognises the need for sacrifices.