By Jessie Taylor
The South African government and local business leaders have committed to working together to remove obstacles to inclusive economic growth and job creation. To this end, three priority areas have been identified for urgent intervention: energy, transport and logistics, and crime and corruption.
In an unprecedented move and under the umbrella of Business Unity South Africa (BUSA), CEOs of South Africa’s largest companies from all sectors are coming together in a coordinated and committed way. Their commitment is to work together urgently to address key challenges and ensure the country achieves its potential of inclusive growth and job creation, working with the Government-led National Energy Crisis Committee (NECOM), National Logistics Crisis Committee (NLCC), and Joint Initiative to Fight Crime and Corruption (JICC).
Various government departments, relevant state-owned enterprises and other appropriate structures will collaborate on clearly defined initiatives with organised business, represented by the implementation platform for BUSA, Business for South Africa (B4SA), said President Cyril Ramaphosa.
President Ramaphosa said: “This initiative will make a real and marked difference in rebuilding our economy and setting it on a path of sustained, inclusive growth. It is driven by a shared determination to overcome the severe challenges we currently face and to mobilise the country’s substantial capabilities towards the achievement of that goal. We welcome this commitment from business and undertake as government to work to ensure the success of this partnership.”