Mcebisi Jonas: ‘South Africa isn’t far from chaos or the IMF’

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Former deputy finance minister Mcebisi Jonas believes South Africa isn’t far removed from chaos and that there exists a “historic opportunity” for the government to effect drastic and necessary structural changes to the economy and the country.

He told Fin24 in an interview on Wednesday that President Cyril Ramaphosa is keenly aware of what needs to be done, but added that the political system in which he operates – which puts ANC politics at the centre – constrains both Ramaphosa and government in terms of executing the solution.

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