By Busi Mavuso
Last week, we got bits of economic data reflecting the effects of the July unrest. The RMB Business Confidence Index slumped back into negative territory (below 50 points) in Q3, falling seven points to 43.
I feel positive that we are moving in the right direction, both on the vaccine programme and the economic policy changes needed.
A successful vaccination programme is critical to being able to rebuild the economy to be able to support all South Africans.
Schedule 2 of the Electricity Regulation Act has the potential to spur major new investment in electricity generation and make a major contribution to stabilising electricity supply.
We should consider the real impact of the protests and the various lockdown measures on women, especially black women in the country.
Without an effective national vaccination programme, there’s certainly no end to this pandemic nor a start to a sustainable economic recovery.
By Busi Mavuso
Business confidence has had a shot in the arm from several directions at once. The arrest Jacob Zuma and improvements in vaccination rates are some of the reasons why.
The state should consider providing further social support for the vast majority of South Africans who aren’t as shielded from the economic strain caused by these unavoidable lockdowns.
I agree with the president that the measures taken reflect strong efforts to minimise the impact on the economy, with most businesses able to continue at full capacity.
It is with deep sadness and sorrow that BLSA learnt of the passing of its former Chairperson, Dr Jabu Mabuza. He passed away earlier this evening following complications due to Covid-19.
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