Organised business wants meaningful reforms from GNU

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Business News

Busi Mavuso,GNU

Policymaking has been 'liberated from Luthuli House', according to Business Leadership South Africa CEO Busi Mavuso.

new multi-party administration must prioritise reviving state-run port, water and power networks and work to automate processes to attract investment and boost lagging growth,

“The beauty of what we have right now in the GNU is that policymaking has been liberated from Luthuli House,” Mavuso, 45, said in an interview on Thursday, referring to the ANC’s headquarters. “There are going to be a whole lot more robust conversations about the policies that are put in place.”This includes talks about the National Health Insurance Act, which Ramaphosa signed into law less than two weeks before the national elections after years of wrangling.

While South Africa is “failing at the basics” and has missed opportunities to position itself as a viable destination for companies in free-market democracies to move their supply chains away from authoritarian regimes such as China, foundations laid in the prior administration are a positive signal that the trajectory is set to improve, she said.

 

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