Land reform, a highly contentious issue in South Africa, has still not been addressed by the ruling party despite having been in power for 25 years.
It’s been close on a decade where we’ve watched the economy struggle and toil as deterioration in both the domestic and global environment served to tighten the noose around a stretched fiscus.
It’s almost a fortnight since President Cyril Ramaphosa received the economic response plan from social partners at the National Economic Development and Labour Council, which the cabinet is now reviewing as we look to get stuck into the hard work ahead of getting the economy into a stronger position.
For much of the past decade, we have become a country accustomed to bouts of panic over some of our deteriorating economic fundamentals.
Business Leadership SA says the Eyes and Ears Initiative (E2) has proven that active partnerships between the South African Police Service (SAPS), the business and the public are one of the most effective ways to fight crime.
The main objective of the social compact is to achieve the appropriate balance between saving lives and preserving livelihoods in respect of the sale of liquor during the COVID-19 pandemic.
The question over the future of SAA has so often been pitched as a battle between those in favour of state ownership and those clamouring for a much smaller government role in the economy.
Business Leadership SA CEO, Busi Mavuso has described the announcement by President Cyril Ramaphosa that a number of South Africa’s lockdown regulations will be relaxed as the country moves to a level 1 lockdown is a welcome move.
The report card for SA’s second-quarter GDP performance was always going to be dire and serve to remind us of the size of the challenge we all have in rebuilding the economy in the aftermath of the Covid-19 pandemic — and rebuilding it not into what it was before we headed into this crisis but recasting it so we finally get onto a much higher growth and employment trajectory.
THERE’S some attraction to dismissing this week’s record economic contraction in the second quarter as just something for the history books, reflecting a period that will never again be repeated.
Small businesses are key to our economic survival. We need them. And they need government to remove obstacles to their success.
The severe contraction in SA’s GDP in the second quarter of the year was expected but still paints a horrific picture of the damage that the lockdown restrictions have done to our economy.