Mr President, announce major policy reforms

This week President Cyril Ramaphosa will again host an annual investment conference. It will be against the backdrop of a continuing decline in investment in the economy. My call is for government to use the opportunity to announce major policy reforms that would support investment across the economy. Reserve Bank figures for gross fixed capital formation in the third quarter for last year at 14.3% of GDP were dismal.

Read/listen: Grindrod CEO Andrew Waller on Maputo shipping throughput booming There is a similar story with rail – our national haulage routes are not operating efficiently. Much investment could be opened up by concessioning access and related infrastructure to the private sector. Again, positive signals have been made about doing this – but we need to make progress.

BusiMavuso2 Not going to happen BLSA_Official wishful thinking

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