Junk status… Something all South Africans have been dreading. And on Monday, 3 April 2017, S&P made it a reality. Since then various articles have been written explaining the term and its impact on the South African economy. So much so, that many who had no idea no interest in the economy became experts overnight. Moreover, the immediate reaction was a call for President Zuma to step down. A call that was met with nationwide strikes on Friday, 7 April 2017.
Unity… The National Development Plan (NDP) called for it and apparently so does radical economic transformation. But unlike the NDP, the radical economic transformation strategy seems to be without a strategy. Only that transformation needs to be radical to bring about an economic change in the country. It’s not bad thinking but it is thinking without a plan. But before divulging into what can be done, perhaps we should first define it.