By Busi Mavuso
The focus on tourism in the economic plan is vital.
Old ideas of waiting for government to create jobs simply won’t do anymore. We need to change the structure of the economy to solve the jobs crisis.
The president’s plan reflects many of the issues that BLSA has repeatedly highlighted that are constraining growth. These have now been made priorities.
There are lots of positive elements in President Cyril Ramaphosa’s economic recovery plan. However, it must be seen as more as a starting point.
We will be watching the president’s economic recovery plan closely as it could set us on a higher growth trajectory if it encompasses structural reforms.
By Busi Mavuso
Finance Minister Tito Mboweni’s medium-term budget speech is another seminal moment for South Africa.
With the new IPP bid window announced, we’re finally at the cusp of a real change in energy security and a potentially vibrant new economic cluster.
SA needs to deal with labour reform, a topic that lurks in the background but never really comes to the fore.
The country needs urgent interventions implemented from the economic recovery strategy to address the jobs crisis we’ve long faced, which has been accelerated by a Covid-19 crisis.
By Busi Mavuso.
It’s imperative to open up as much of the economy as possible without compromising Covid-19 safety protocols.
Second Floor, 61 Katherine Street,
PO Box 7006 Johannesburg 2000
Tel : +27 (11) 356-4650
Fax : +27 (11) 726-4705
Registration number: 062-000 NPO