RW Johnson: Destructive Patel may be gone but ANC economic policy still stuck in Wonderland

Last week, the World Bank criticised South Africa's trade policies, highlighting their detrimental impact on the economy. The policies, spearheaded by former Trade Minister Ebrahim Patel, have led to higher tariffs and domestic production costs, stifling economic growth and damaging regional trade. Despite Patel's departure, his problematic localisation strategy persists under new leadership. The ANC's inability to address corruption and economic mismanagement exacerbates the party's declining electoral fortunes, revealing a deeper systemic failure.

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By R.W. Johnson

Last week the World Bank found a tactful way of telling South Africa that its trade policies were, frankly, mad.

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