A hallmark of former president Jacob Zuma’s administration was instability across various institutions of state.
South Africa must prioritise economic and energy reform now, instead of waiting to be pushed.
Murmurings that the National Treasury would have no option but to turn to the International Monetary Fund IMF and other international lending agencies were in the wind way before Covid 19.
Business Leadership South Africa says the country has many sound policies economically or otherwise, but doesn’t always have the best track-record when it comes to implementing them.
Business Leadership South Africa extends its unwavering support to Business for South Africa (B4SA) in its response to the Covid-19 pandemic and the economic shock it has caused.
There was a lukewarm response to the Treasury’s “emergency” budget a couple of weeks ago from the markets and outright disappointment from certain segments in society on the details of the R500 billion injection into our desperate economy.
Business Leadership South Africa’s Busisiwe Mavuso said business is not happy at all with the announcement by President Cyril Ramaphosa in an effort to try combat COVID-19 and mitigate spread of the pandemic.
With projections of as many as 50,000 South Africans dying by the peak of the Covid-19 pandemic in September, President Cyril Ramaphosa’s decision to revise lockdown regulations were to be expected.
In South Africa, there has been an increase in cyber crime and data privacy breaches in the past few years. Our country is viewed as a target where law enforcement is not adequately geared to deal with crimes of this nature.
When the economy opened its doors at the start of June, after more than two months of a hard lockdown, we all knew there was likely to be a spike in Covid-19 infections and deaths as we entered winter. And so it has come to pass.
We are now more than four months from the day the country embarked on a strict lockdown to prepare our health sector for the peak in the Covid-19 pandemic, which we are nearing. In those early weeks, the government at a national level at least managed to get all of us working together for the common good.
At the start of this year, our most pressing demand of the state was that it rein in its widening budget deficit and cut expenditure by having a real conversation with its employees and labour unions about wage growth that has been higher than the private sector over much of the past decade.