ECONOMY
South Africa’s institutions have either been forsaken or deliberately weakened for political expedience, with State transformation becoming so politicised that economics is almost just about political power, former Deputy Finance Minister Mcebisi Jonas said on Wednesday. Speaking a week after being axed from his position, Jonas said the country now needed to focus on its institutional frameworks that have been “so carefully constructed as part of our democracy” and which are designed to keep “us in check”, by ensuring that the rules of the game and democratic accountability hold firm.
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