By Lehlohonolo Lehana.
President Cyril Ramaphosa, together with business leaders involved in the partnership, such as Discovery’s Adrian Gore, Business for South Africa’s (B4SA) Martin Kingston and Business Leadership SA CEO Busisiwe Mavuso, will give an update on the initiative and reveal details of key focus areas of the next phase of the Government/Business partnership.
The first two phases have laid the foundation for one of the strongest government-led reform drives since the dawn of democracy in SA, with important electricity and logistics sector reforms aimed at de-shackling Eskom and Transnet’s monopolies and attracting significant private-sector investment. Other priority areas include dealing with crime and corruption, and youth unemployment.
The presidency said in a media advisory issued earlier this week that Thursday’s launch will convene ministers and senior business leaders to set out a shared plan to accelerate economic growth and strengthen South Africa’s position as an investment destination.
The partnership has the backing of business organisations such as Business Leadership SA, Business Unity South Africa, B4SA, the Tourism Business Council of South Africa, and the South African Property Owners Association. Besides Discovery, the plan is also backed by major corporates, including the major banks, and JSE-listed groups like Remgro, Sibanye-Stillwater, Grindrod, and Southern Sun.
Watch Live in the video below:
Video Courtesy of Presidency.