Economist and Board Chairman of MTN Ghana, Dr Ishmael Yamson, has blamed what he describes as state failure for South Africa’s economic difficulties. Here's What Happened He argues that the country’s problems will persist even if all foreigners leave. He said South Africa’s decision to blame immigrants for its economic challenges was misplaced, warning that the approach could undermine efforts to deepen African integration and trade. Speaking
08/20/26 • 1 Views
Economist and Board Chairman of MTN Ghana, Dr Ishmael Yamson, has blamed what he describes as state failure for South Africa’s economic difficulties.
🇬🇭 Here's What Happened
He argues that the country’s problems will persist even if all foreigners leave.
He said South Africa’s decision to blame immigrants for its economic challenges was misplaced, warning that the approach could undermine efforts to deepen African integration and trade.
Speaking on Joy News’ PM Express on Tuesday, Dr Yamson said the xenophobic attacks against African migrants in South Africa were deeply troubling.
📌 Key Details
“No, what’s happening in South Africa is a big worry to many people and to me. And I know that a big worry to Ghanaians and to the government of Ghana,” he said.
Dr Yamson said he had personally raised concerns about the issue during a recent visit to South Africa, where he spoke on African integration and immigration.
“I was in South Africa three weeks ago to speak on African integration and immigration. And I minced no words,” he said.
“I told them clearly that even if all the foreigners were to leave South Africa, their problems would still remain. It’s a matter of state failure.”
He argued that South Africa had failed to manage the economy effectively and was now shifting responsibility to foreigners.
“They have badly managed their economy. Even the apartheid government left them an economy better than what they have today. And yet they now turn around and blame foreigners,” he said.
📰 Source: Joy Online Ghana






