Finance Minister Tito Mboweni has invested a huge meeting of so-called experts to come forward with new plans to reverse the country’s decline.
The event presented at the Reserve Bank Conference Center began with Mboweni’s explanation aimed at requesting experts to propose new models that will boost the economy.
He says the ANC cabinet has often had discussions on the subject, but observers say it is clear that the ANC is hopelessly ignorant to take any vigorous steps to stimulate the economy.
Even World Bank representatives are present, one of whom has new plans can only be recommended by those who succeed in identifying the errors.
Financial experts say the economic situation will not improve as the ANC continues its black-favored, ground-breaking theft, and poor management, along with large-scale corruption of all departments as well as entities such as Eskom and the SABC.
Experts point out that the ANC has held dozens of summits to discuss their problems and make plans, but in the meantime, the country is deteriorating further in every conceivable area.
By: Die Vryburger
This report does not necessarily reflect the opinion of SA- news.