There might well be surface-level overtures that cadre deployment will be changed. But at base, the party’s guiding ideology requires precisely such tools. It would no longer be the ANC if it abandoned cadre deployment at the first opportunity.
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The governor was correct in highlighting that, in the context of inefficiencies and constraints that undermine and inhibit job creation, ‘pushing harder on monetary policy is like pushing the accelerator to the floor on a curvy, icy road over a mountain pass’.
The precedent says: accept court decisions when they favour us, snub them when they don’t.
Private investors are being asked to sink billions into locomotives, network maintenance and infrastructure upgrades, but Transnet has the ultimate say.
Mining and agriculture have been two of the few bright lights for the South African economy, but with the possibility of declining or at least somewhat lower commodity demand and prices, the country cannot hedge all its future growth on these areas.
The ongoing strike at Transnet has only exacerbated its problems. Poor planning, state capture and corruption had brought Transnet to its knees.
The 12-day strike by some 40,000 Transnet workers may have a lasting and undesirable impact on the country's ports. Most such facilities functioned at between 12 and 30% of daily capacity, with the mining sector losing around R1-billion a day.
Growth prospects have deteriorated across the continent, including for SA.