South Africa’s coalition government has triggered a wave of investment announcements and positive sentiment not seen in years.
Browsing: Business Unity South Africa
President Cyril Ramaphosa said the unity government is forging closer ties with business, with positive spin-offs for the country.
Business leaders have told President Cyril Ramaphosa that the jobless rate could rise to 38.1% by 2030 without urgent action.
Business Unity South Africa has criticised the lack of urgency by government in taking the hard decisions to create an environment for investment and growth.
South Africa’s biggest businesses said they are “seriously considering” a request by the government to help fund the acquisition of Covid-19 vaccines as the disease curbs activity in the economy.
Chronic under-performance of South Africa’s economy over the past decade is pushing the continent’s dominant powerhouse to the edge of economic and political disaster.
A pact between South Africa’s government, labour unions and business to cut Eskom’s debt won’t include a pledge to use the pensions of state workers as had been initially proposed.
South African business leaders are growing increasingly concerned that the government doesn’t have the will or capacity to overcome the economic devastation wrought by the coronavirus pandemic.
The ANC and business leaders are heading for a showdown over how to revive an economy ravaged by the coronavirus and a two-month lockdown to curb its spread.
Eskom’s plans for a possible interruption of bulk electricity supply to the top 20 defaulting municipalities is of great concern to the small business sector, the AHi business chamber said on Monday. The total municipal arrears debt greater than 30 days stood at R4,6bn as at