There is a deep-seated but terribly mistaken belief among many ANC
leaders, members and trade unionists that after a wasted decade under
former president Jacob Zuma, in which public services, SOEs and public
finances were plundered, these entities can now be repaired overnight.
Such
has been the astonishing scale of state capture that, even if all the
ingredients for turnaround success were in place – competent new boards
and executives, willing staff and no political interference from ANC
leaders – it would still be very difficult to resuscitate beleaguered
SOEs, public services and public finances within five years…
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