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I don’t want to sound alarmist, but we would not be the first country to discover just how quickly things go downhill if we do not manage our affairs with the utmost discipline. The government pays more than R500m a day in interest on its debt. We are not disciplined. The state is profligate and corrupt, business is aloof and uncompetitive and labour is entirely self-absorbed and indignant. The unemployed now number so many, and their numbers are growing so rapidly, that our reasonable growth forecasts do not even come close to relieving their absolute poverty. We cannot go on like this. Something must be done.
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http://www.bdlive.co.za/opinion/col...executives-lecture-a-warning-to-change-course