Mpumelelo Mkhabela | Business may hold the purse strings, but it doesn't equal political know-how

It is astonishing, with all we know about South African political dynamics - and business should know too - some captains of industry believe they can fix South Africa's challenges by micro-dictating through purse strings, writes Mpumelelo Mkhabela.

If money on its own could solve state capacity problems, South Africa should be cruising nicely in all critical indicators - on economic growth, social stability, corrupt-free government, and human development, among others.

It was the power of money, after all, that got a superbly wealthy Cyril Ramaphosa elected ANC leader and subsequently president of the country with a promise to score well on important national indicators.