Government-business partnership makes slow but steady progress

  • 📰 Moneyweb
  • ⏱ Reading Time:
  • 46 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 22%
  • Publisher: 77%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

‘We're working with government to ensure that reform is actually not just decisions taken, but the reform itself is implemented, but it's going to take time to feed through,’ says Martin Kingston, chair of the Business for South Africa steering committee.

You can also listen to this podcast on iono.fm here. ADVERTISEMENT CONTINUE READING BELOW JEREMY MAGGS: At a meeting with senior business leaders on the partnership between government and business, President Cyril Ramaphosa says, and I quote, ‘We are beginning to see the tangible results of this collaboration in reduced load shedding, improved performance of our rail network and ports, and a reduction in security incidents targeting energy and logistics infrastructure’.

If we look at energy, one of the key areas, and we all suffer that on a daily basis, the reality is that load shedding, although we’re still experiencing it, is some 66% down on the equivalent period last year, Stages 4 and above, some 80% down. In the case of crime and corruption, it’s been the most difficult to put together, obviously, because of the sensitivity of the issues and making sure that we properly characterise business’s role and stay within appropriate areas of responsibility.

But the damage that we have endured as a country is very deep, and it’s going to take a significant amount of time and resource to actually change that trajectory. JEREMY MAGGS: Martin Kingston, I acknowledge that part of your remit is to talk it up, so to speak, but how are you making sure that business is going to buy into this optimism that it is going to be all right, albeit over an extended timeline?

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines