Cape Town - South Africa's economic junk status is a direct result of policy intransigence. Current government decisions appear to be based on a lack of consideration for the lessons of history. Economies are fragile. Persistent adverse policy-making breaks down an economy, reduces productive investment and economic activity, and causes untold harm to citizens.
It is time for a policy about-turn - one that places the interests of the people above the narrow interests of politicians at the helm of the government and their rent-seeking bedfellows.
Policies to bring about dramatic positive changes would include: