Share

Not enough pain – so Africa procrastinates on steps to success

By Alec Hogg

Hanging around in corridors at a World Economic Forum event is usually the best place. Yesterday in Cape Town was no different.

As a long-serving WEF insider vents his frustration – “we’ve been talking about the same stuff for years, but in Africa nothing gets done” –  a leading journalist downloads about head-butting with an over-sensitive politician. Then a hotelier grumbles about how new regulations are destroying his business just as I receive the e-mail from a Global Shaper highlighted in the programme – he can’t make an interview because his Visa was denied.

There’s much to digest from a couple days of high level talks and intense networking here in the Mother City.

But the biggest reminder I’ll be taking home is the continent’s analysis paralysis.

Everyone is fully aware of the challenges and their solutions. Trouble is, we Africans are first-class talkers but third-class executors. Whether it’s lack of political will, disinterest or just plain laziness, the steps just don’t get taken.

Seems there’s never quite enough pain to create sufficient incentive. Perhaps the next generation will do better.

* For more in-depth business news, visit biznews.com or simply sign up for the daily newsletter.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
19.10
+0.1%
Rand - Pound
23.79
+0.0%
Rand - Euro
20.44
+0.1%
Rand - Aus dollar
12.44
-0.4%
Rand - Yen
0.12
+0.1%
Platinum
923.50
+0.4%
Palladium
1,035.00
+0.9%
Gold
2,327.81
+0.3%
Silver
27.38
+0.3%
Brent Crude
88.42
+1.6%
Top 40
68,051
0.0%
All Share
74,011
0.0%
Resource 10
59,613
0.0%
Industrial 25
102,806
0.0%
Financial 15
15,897
0.0%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders