Businesses should develop strategies that take into account harmful state interventions – Sakeliga – POLITICS

In recent months, these have accelerated and intensified long-standing destructive policies

Sakeliga calls on companies to develop strategies that take into account harmful state interventions

July 25, 2021

“The government does not have corporate support for more of the same, as stated tonight in President Cyril Ramaphosa’s speech. It is necessary and predictable that in the months and years to come companies themselves continue to change course. Businesses design and will develop plans and strategies that take into account harmful state interventions and state failure, seeking ways to ensure continuity despite a continually centralizing political elite, ”said Piet le Roux , CEO of the Sakeliga sales organization.

“When almost everything a government wants to be responsible for in a country goes wrong, it is time for that government to change course, not double down. You would think that after listing so many aspects of the country’s predicament, a government would announce that it is at least reconsidering the timing of its interventionist policies and the principles of its lockdown strategy. However, this evening, we heard the opposite, in another of these speeches in which President Ramaphosa issues instructions “with immediate effect” to about 60 million people, “explains Le Roux.

“From the government’s point of view, when an economy can no longer support its interventions, it is time to let that economy recover and let its people earn a living – not embark on an unprecedented social protection scheme. , generator of dependency and not sustainable. Instead of just deferring a tax or two for three months, it would have been an excellent time for a government to postpone – “with immediate effect” – many of its key interventionist policies, “Le Roux said.

Le Roux says that the roots of the current crisis predate the lockdowns, “but government interventions in recent months have accelerated and intensified long-standing destructive policies. For the government, sticking to the same policies that brought us into the crisis is to promise to take us further down a path that companies in this country are not ready to follow. Under these circumstances, the economic recovery must occur despite the government. ”

Issued by Piet le roux, CEO, Sakéliga, July 26, 2021


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