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Cabinet lekgotla to focus on economic growth and investment

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Jackson Mthembu says the meeting will address building a capable and ethical state, as well as how to resuscitate SOEs

Minister in the Presidency Jackson Mthembu briefing journalists during the cabinet lekgotla at the Sefako Makgatho presidential guest house in Pretoria on January 29 2020. Picture: GCIS/ JAIRUS MMUTLE

The cabinet lekgotla, which started on Wednesday and will conclude on Thursday, takes place ahead of President Cyril Ramaphosa’s fourth state of the nation address that will be delivered later in February. SA’s SOEs face severe challenges, most significantly the woes faced by cash-strapped power utility Eskom, and airline SAA — the latter being in business rescue.

He said the question has to be answered as to where the gaps are in SOEs, as well as in the three spheres of government. He said the second important area that will be discussed is the country’s economic growth and investment.Earlier in January, the World Bank revised down its economic growth outlook for SA to less than 1% for 2020 due to concerns around power supply. The institution expects the economy, which was forecast to grow 0.6% in 2019, to expand by 0.9% in 2020.

 

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Cabinet lekgotla to focus on economic growth and investmentJackson Mthembu says the meeting will address building a capable and ethical state, as well as how to resuscitate SOEs Sure it will. 🙄 In 25-years cANCer hasn’t managed to achieve this so why would they now suddenly be able to come up with the answers? AbsoluteBullshit Lol What do they know about either of those? Nothing.
Fonte: BDliveSA - 🏆 12. / 63 Leggi di più »

Cabinet Lekgotla to focus on SOEs, economy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.Minister in the Presidency Jackson Mthembu says talks at the Cabinet Lekgotla that's under way in Pretoria will focus on the country's State-Owned Enterprises (SOEs). And that is news? Just another Piss up at Tax Payers expenses. 'Bring the Keymara closer such a Beeeeautiful keke'
Fonte: SABC News Online - 🏆 32. / 51 Leggi di più »