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Glacier Quarterly 4 - 2018

In this issue of the Glacier Quarterly, former Editor at Large at Tiso Blackstar Group, Peter Bruce writes that ‘hope and revival are in sight.’ Strategist Clem Sunter echoes this by stating that we are seeing attempts to turn our situation around. In his latest ‘flags and scenarios’ article, he gives a 60% probability of SA achieving the ‘Premier League’ – the best of this three scenarios.

In this issue of the Glacier Quarterly, former Editor at Large at Tiso Blackstar Group, Peter Bruce writes that ‘hope and revival are in sight.’ Strategist Clem Sunter echoes this by stating that we are seeing attempts to turn our situation around. In his latest ‘flags and scenarios’ article, he gives a 60% probability of SA achieving the ‘Premier League’ – the best of this three scenarios.

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SCENARIO PLANNING<br />

Quality of Infrastructure: We<br />

haven’t had another round of major<br />

Eskom load-shedding this past winter<br />

season and serious attempts are being<br />

made to improve management of<br />

state-owned enterprises. However,<br />

it’s worrying to see so many<br />

construction companies with their<br />

backs against the wall. This implies<br />

that the multi-billion rand government<br />

programme to improve infrastructure<br />

isn’t yet seriously under way. The<br />

manner in which National Health<br />

Insurance in South Africa is<br />

implemented will provide considerable<br />

guidance on the prospects of this<br />

flag turning green.<br />

Style of leadership: South Africa<br />

works very well when it has a leader or<br />

purpose uniting it. Witness the years<br />

of economic growth under Mandela<br />

and the outstanding reception given<br />

to soccer players and foreign fans<br />

during the 2010 World Cup. President<br />

Cyril Ramaphosa is definitely a<br />

person who can exercise the right<br />

kind of inclusive leadership to put us<br />

on our feet again, but he’ll have to<br />

handle the final flag of land reform<br />

very carefully in order to avoid a<br />

mutiny on deck.<br />

Pockets of excellence: We have so<br />

many pockets of excellence in South<br />

Africa in both the public and private<br />

sector, but the past 10 years have<br />

taken their toll, and sadly, many people<br />

who would have formed the next<br />

generation of excellence have left<br />

the country. The most important area<br />

in which to watch this flag is education<br />

because only high-quality education<br />

is capable of reducing social<br />

inequality in the long run. We have<br />

some of the best schools and university<br />

faculties in the world. If we can learn<br />

from them in order to uplift the rest,<br />

we’ll be on our way to becoming a<br />

winning nation.<br />

Entrepreneurial spark: By common<br />

consent, this flag is the one that can<br />

change the country’s economic destiny<br />

the most and create a genuine state<br />

of economic freedom. We need:<br />

• An enterprise summit rather than a<br />

jobs summit to tackle the exclusive<br />

ness that still persists in our daily<br />

lives<br />

• To integrate the township economies<br />

into the mainstream economy<br />

• To come up with innovative solutions<br />

to convert rural communities into<br />

thriving networks of local activity.<br />

At the heart of all this will lie the goal<br />

of multiplying the number of youthful<br />

entrepreneurs in our country.<br />

Land reform: A tweet by Donald<br />

Trump is not helpful on this issue, but<br />

it goes to show that only the kind<br />

of team approach that caused the<br />

political miracle of the early 1990s<br />

can turn this flag green. The positive<br />

meeting of agricultural players in<br />

Bela-Bela in August should be seen<br />

as a forerunner to a full-scale Agridesa<br />

that can take place once the<br />

government has completed its<br />

consultations with the public. Any<br />

move to impose a top-down remedy<br />

on land redistribution that sparks<br />

widespread resistance among existing<br />

land owners is bound to have immense<br />

downside on both the local and<br />

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