Business Leadership South Africa (BLSA) says illicit trade in alcohol and cigarettes during the lockdown restrictions has resulted in billions of rand lost in revenue and the mushrooming of criminal syndicates working in the black market to peddle these products.
WITH THE first batch of vaccinations arriving on our shores and the groundwork being laid by President Cyril Ramaphosa and his health ministry, for its rollout to health workers across the country, we can now begin to refocus on the economy.
The state of the nation addresses that President Cyril Ramaphosa has so far delivered have all had a few focus areas for his administration, particularly boosting confidence by rebuilding an ailing economy and governance in institutions that were at the centre of corruption.
When Finance Minister Tito Mboweni first threw down the gauntlet on public sector wages last year when he delivered the medium-term budget, we knew that a hard road lay ahead in reaching agreement with workers.
The issue of land reform needs to be tackled with sensitivity, sensibility and within the full ambit of the law. While we cannot afford to ignore the issue any longer, neither can we tackle it with recklessness.