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Home ยป Opinion ยป From the “On the Contrary” column – Business to the Rescue

From the “On the Contrary” column – Business to the Rescue

โ€œOUR Parliament is a disgrace,โ€ exploded Luke the Dude, rudely disturbing the relaxed banter of the usual comrades in conversation.

โ€œUseless!โ€ countered Jon the Joker, โ€œParliament isnโ€™t at all! A full 18 months after the place burned down, the remains have seen neither a shovel, nor protection against wind and rain. Itโ€™s more destroyed than ever.โ€

โ€œOh, youโ€™re talking about the building,โ€ woke up Bob the Book, โ€œI was wondering whether you meant the ANC with its questionable behaviour or the EFF who does not behave at all.โ€ย 

โ€œThese were our once majestic parliamentary buildings,โ€ spoke The Prof, inspecting his pipe, โ€œbut still, it is but a cloud in the approaching storm, a symbol: Eskom, the Railways, SAA and all their cousins are symptoms of the worsening malady.โ€

โ€œTell us in plain language Prof, you have the floor,โ€ worried Irene the Queen.

โ€œOf course my dear,โ€ obliged The Prof, โ€œwe are living in an economy that is going bankrupt. We have to borrow to keep the show on the road โ€“ and already we are so deeply in debt, we have to borrow more to pay the interest on what we have already borrowed. With that, the population grows much faster than the economy, meaning that as a nation we are getting poorer by the day.โ€

โ€œWhoa!โ€ exploded Big Ben, โ€œyouโ€™re talking Armageddon, if thatโ€™s the educated word. You make it sound like we are doomed, Prof, and the ANC wonโ€™t let it come to that!โ€

โ€œYou have a right to your political opinions, Ben,โ€ interrupted Stevie the Poet, โ€œbut hereโ€™s the question: if that is the reality, Prof, how do we get out of it?โ€ย ย 

โ€œWell,โ€ The Prof pondered slowly, โ€œmy colleague RW Johnson said it rather succinctly in an interview with Alec Hogg: There really are only two ways. One is to cut spending, harshly. That wonโ€™t happen because the politicians wonโ€™t do it; also, it would cause much suffering โ€“ so many South Africans survive on government grants. The only other way is to improve economic growth, considerably. That would get us to steady ground and, inter alia, create living-wage jobs.โ€

โ€œThatโ€™s the way to go then,โ€ applauded Miss Lily, โ€œteachers could do with a living wage!โ€

โ€œIndeed,โ€ agreed The Prof, โ€œskills development is part of the way to faster growth.โ€

โ€œNot so fast, Boyo,โ€ spoke up Colin the Golfer. โ€œWe havenโ€™t had anything like decent growth since the rudely interrupted presidency of Thabo Mbeki. How is the current lot going to pull this rabbit out of a hat?โ€

โ€œOnly one way,โ€ said Bill the Beard, โ€œinvolve the private sector and be serious, life-and-death serious, about it.โ€

โ€œAnd when will that happen?โ€ queried Colin.

โ€œIt is already happening,โ€ replied Bill, โ€œyou might have missed President Ramaphosaโ€™s agreement with Business Unity SA, BUSA, and more recently the pledge by 115 SA CEOs โ€“ whose companies together have a market value of R11 trillion and employ 1.2 million people โ€“ to help SA repair the broken economy and get it growing at a sustainably faster pace.

โ€œParts of the pledge, Iโ€™ve got it here, reads, โ€˜we firmly believe in the immense potential of our country. We are committed toย buildingย it and have come together to address the current challenges with the aim of achievingย sustainable, inclusive economic growth. We are resolutely committed to being a force for good.โ€™ย 

โ€œSo there you have it: weโ€™ve got the will and we are on the way. The business sector to the rescue!โ€

E-mail: noag@hermanus.co.za

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