What big business wants to see from South Africa’s new government – and the thing they fear most

Business leaders are emphasising the urgent need for political parties to immediately prioritise national interests over political agendas, advocating for broad cooperation to enhance business confidence and ensure lasting government stability.

“A coalition will require sacrifices – not every party can get everything it wants that is the outcome of this election: South Africans have expressed support for many different parties,” said BLSA.To instil business confidence, “parties must now put narrow interests aside and work together to deliver on that mandate… find a way to agree that will shore up confidence” in lasting government stability, said BLSA.

To do this, “the partnership between business and government on Energy, Logistics and Law and Order must continue,” said Coovadia.Permanent end to load sheddingTo fix load shedding and reduce the cost of electricity, Mavuso says that the new administration “must conclude vital reforms to the electricity sector, including the unbundling of an independent systems operator from Eskom and the establishment of an open market for electricity supply.

The Freight Logistics System roadmap demands strict adherence to timelines from government agencies, with Mavuso saying that there must be a focus on enabling Transnet to start concessioning within the first 100 days.“Business critically depends on the rule of law, without which it cannot commit substantial investment,” said Mavuso.

“The structural reforms underway to address these and other challenges are critical to turn the tide on unemployment and restart economic growth,” said BLSA.

Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen

Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.

South Africa election: What big business wants for the futureWith a unity government in the offing, the economy is a crucial subject for negotiations.
Herkunft: BBCAfrica - 🏆 23. / 61 Weiterlesen »

Hijackers have changed their ‘business hours’ in South AfricaNew data indicates that criminals are shifting their operating hours, with warnings for South Africans to remain vigilant.
Herkunft: BusinessTechSA - 🏆 24. / 61 Weiterlesen »

Incredible Business partners with NSBC to empower South African SMEsPromoted | Businesses can get platinum membership to the NSBC, valued at R3 950, completely free of charge.
Herkunft: TechCentral - 🏆 8. / 71 Weiterlesen »

South Africa: ‘Ramaphosa listens to business’ says apartheid-era negotiator Roelf MeyerPresident Cyril Ramaphosa looks set to head a government where, for the first time, his party will be forced to work with others to pass laws and budgets. Thirty years ago, as the ANC’s secretary general, Ramaphosa led his party’s negotiations with the apartheid government, headed by National Party secretary general Roelf Meyer.
Herkunft: TheAfricaReport - 🏆 29. / 55 Weiterlesen »

5 million South African business readers in one placeBusinessTech, South Africa’s largest business publication, attracted 5.3 million readers and served 23 million pages in May.
Herkunft: BusinessTechSA - 🏆 24. / 61 Weiterlesen »

CMC Networks launches Air Connect wireless solution to mitigate business connectivity risks in South AfricaCMC Networks, a global Tier 1 service provider, is providing wireless connectivity solutions to businesses across South Africa.
Herkunft: mybroadband - 🏆 11. / 67 Weiterlesen »