What a difference a year makes.
We’ve become disillusioned and almost numb to the years of corruption and fruitless expenditure across government departments, feeding into a confidence crisis that has tripped up efforts to propel economic growth, despite the Covid-19 pandemic.
The growing unease at the lack of progress in the vaccine rollout was somewhat eased by this week’s announcement that Johnson & Johnson will produce 30-million vaccines for the country.
More than a decade has passed since the last infrastructure-led boom in the SA economy, one fuelled by the need to prepare for the Fifa World Cup and to urgently begin expanding our electricity generation capacity.
Business Leadership South Africa today launched a report on solutions to boosting infrastructure investment to drive the economic recovery.
If ever we needed reminding of the electricity challenges that we still face as we head into our colder months, the return of load-shedding over the past few weeks was just it.
By Busi Mavuso
Taking over the political oversight of ailing state-owned enterprises (SOEs) such as Eskom was always going to be one of the more difficult jobs in the administration of President Cyril Ramaphosa.
The confidence-sapping news of yet another delay in the auction of spectrum for telecommunications operators highlights yet another area of concern in South Africa’s pursuit of structural reforms: the limitations of SA’s key regulatory institutions.
Business for South Africa (B4SA) has been requested by the National Department of Health to set up a private sector structure that co-ordinates private sector vaccine roll out activities and feeds into the National Vaccine Co-ordinating Committee (Co-ordinating Committee).
After almost three years of hearing testimony at Judge Raymond Zondo’s judicial commission of inquiry into allegations of state capture, there can be little arguing that the most difficult job in the cabinet today is that of turning around the prospects of many of our ailing state-owned enterprises.
We can’t rebuild the capacity of the state without holding political office bearers and public servants to greater levels of accountability.
Of all the structural fault-lines in the SA economy, the decades-long rise in joblessness has been our most difficult to overcome. The pandemic has worsened the jobs crisis, as was showed this week.