Government has productive partnership with business, but some detract from it

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Nederland Laatste Nieuws,Nederland Headlines

On the one hand the president tells a business AGM how well government works with business, on the other hand a minister lays into the banks.

While a large part of government contributes to a productive partnership with business, there are still some elements that detract from it.

She also notes that the president emphasised the importance of encouraging investment, referring to the role of public-private partnerships to efficiently bridge the gaps in public resources. Overall, she says the president’s words were positive for the momentum of delivery from the partnership between business and government.Human settlements minister lays into banks

The case she was referring to, which was about certain traders trying to profit from manipulating the rand, was largely thrown out by the Competition Appeal Court months later over a lack of evidence. “The OV unit has flagged the performance of local government as an area that should get its attention in future. Last week, a report from the Auditor General added evidence on how important this should be. The report revealed a sad reversal in the performance of municipalities’ audits. Only 34 of South Africa’s 257 municipalities received clean audits, down from 38 last year and 41 the year before.

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Nederland Laatste Nieuws, Nederland Headlines