SOEs and government should play a much smaller role in the economy - Steven Nathan

Steven Nathan, founder of 10X Investments, joined the BizNews Power Hour as co-host for yet another fantastic discussion on what's been in the headlines. Nathan, a resident of the Western Cape, provided insight into the Western Cape’s ability to survive on its own economically - a concern voiced by Roelf Meyer in the event that the Cape independence movement becomes a reality. While Nathan admits that the Western Cape is by no means perfect, he says that ‘certainly on a relative basis, it's an enormous standout’ compared to the rest of the country. Nathan also commented on the explosion which occurred at Eskom’s Medupi power station on Sunday, saying that ‘it just shows you why state-owned entities and government, for that matter, should play a much smaller role in the economy - because their ability to deliver is just not at the level of a private sector.’ Learn more about your ad choices. Visit megaphone.fm/adchoices