‘Time to throw the rules away’ — experts agree SA must modernise business models, infrastructure to revive economy (DM)

Throw out the script and start fresh. That seemed to be the consensus from the Daily Maverick panel discussing challenges around the business environment and the economy at The Gathering in Cape Town on Thursday morning. 

Mark Barnes, former chief executive of the South African Post Office and founder of the Purple Group, suggested moving away from a black economic empowerment model that simply transfers value from old members to a select few and rather moving towards injecting equity capital in local businesses. Click here to read full article

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