n New Agenda: South African Journal of Social and Economic Policy - Is there a way out of this mess? - editorial

Volume 2019 Number 75
  • ISSN : 1607-2820


In a recent comment in Parliament, David Masondo, Deputy Minister of Finance, said that he was opposed to using prescribed assets to support SOEs since this might jeopardise working peoples’ savings, implying that he had little confidence that the investments would pay off. This kind of concern is becoming the norm and surely is cause for great concern. Many of us have always believed that there is a critical need for state intervention in the economy and for good governance generally. But we are now faced with a deeply corroded system.

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