An extract from a disturbing report this week from Bloomberg news service - "With debt surging and the coronavirus pandemic threatening the deepest economic contraction in almost 90 years, business leaders are warning that President Ramaphosa’s government can no longer procrastinate." With the situation deteriorating rapidly, they say, South Africa faces a choice between loosening the grip of vested interests to embrace radical and likely painful reform, or risking a sovereign debt crisis and more permanent scars. The report quotes Martin Kingston, deputy president of Business Unity South Africa saying the ramifications of not taking the necessary action in the near future are catastrophic. Nick Binedell founder of the Gordon Institute of Business Science discusses the state of the country.