JOHANNESBURG – I rate the Economic Growth Plan released by Finance Minister Tito Mboweni last week the perennial 30 percent pass mark. His plan was received with contradictory reactions, but all seem to agree that it fell far below par on process.
Its advocates favour the maxim of the end justifies the means rather than the process. However, two critics, Asghar Adelzadeh of Applied Development Research Solutions (ADRS) and Sipho Maseko, Telkom chief executive, pointed out that Mboweni’s plan was not a growth plan.
It was big on words and poor on facts. Adelzadeh and Maseko reveal the profound fault lines in our planning systems.
South Africa cannot be a lifter out of this morass without any planning. Many would like us to believe that it is implementation that is problematic. However, you cannot implement what you have not planned.
Maseko and Adelzadeh point out the severe sector knowledge deficits in the Treasury document.