What South Africa can do right now to get back on track: former Goldman boss

What South Africa can do right now to get back on track: former Goldman boss

Former chief executive officer of Goldman Sachs in sub-Saharan Africa, Colin Coleman, says that there are a number of steps that South Africa can take as it plots a recovery path post-Covid-19.

Coleman said in an interview with Bloomberg TV , that these are ’emergency times’ as the country faces a massive economic contraction as well as an unemployment rate which could hit 50%.

To address these issues, Coleman, who is now senior fellow and lecturer at Yale University, said that government should look at the following measures: Universal income – Coleman said that the government should introduce a basic income […]

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