The only way to have sustained growth is by building human capability, and the reality is the economy. You know, economists, I guess, confuse people, and we're all trained to think about business, but it's not actually a bunch of businesses; it's actually a bunch of people doing a whole lot of things. It’s actually a human system, and that's how we need to treat it to move on.
South African economist, business person, social activist and strategist
Miriam Altman is a South African economist, business person, social activist, and strategist. Altman studied economics at McGill University where she got a Bachelor's degree in 1984. Afterward, she further her study to earn a M.Phil in economics from Cambridge and a Ph.D. in economics from Manchester University in 1989 and 1996 respectively.
From: Wikiquote (CC BY-SA 4.0)
Communications is everything for people. It’s the most fundamental thing. And people are getting cut out of communication if they’re not online. It is an incredible enabler, especially when you have an urban configuration like we do, or spatial configuration, where people are very far from opportunity. So it could be a game changer.
The absolutely most important thing for us is that we should be investing in human capability. It is, I think, the most important ingredient to success in any high-growth developing country, and it’s something that we underplay so significantly in South Africa. I think it’s the reason we don’t make progress.
Eskom will have to convince creditors that there is commitment to good governance and a pathway to sustainability. Eskom’s new board is the most important first milestone. Next steps will be to urgently appoint a permanent CEO and round out the Exco in a way that demonstrates a new beginning. Eskom’s communication needs to be open, humble and give stakeholders a true reflection of the state of affairs whether good or bad.