23 February 2018

South Africa: The Liquor Industry Offers Massive Empowerment Possibilities


President Ramaphosa could do everyone a favour and put a stop to the forced expropriation of established liquor businesses by the Department of Trade and Industry.

Now that he's grasped the chalice contaminated by the flaws in Mbeki's presidency and poisoned with the wholesale evil of the Zuma era, Cyril Ramaphosa will have to deal with a long wish-list from the citizens of South Africa. Being the prescient type, he will no doubt have reflected on what needs to be done to reverse the damage so we can all make the most of this #secondchance.

The country has to earn more money in order for the fiscus to collect more money so that it can start buying us out of the debt run up by the profligacy, dirigisme and corruption of his predecessors - their cabinets, camp followers and partners in crime.

It needs to spend that money more thoughtfully, more parsimoniously and more creatively. We must ensure that the conversion of work to income proceeds more efficiently - which means we need to be more productive, not only in how we produce widgets, but in how we invest our time.

If he gets this right, many of the inefficiencies...

South Africa

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