More than 150 CEOs have again pledged support for the partnership
More than 150 CEOs have again pledged support for the partnership
The initiative has worked from the ground up thus far through the provision of technical experts and some financial support to Eskom and Transnet.
The high-level meetings with the president are generally attended from government’s side by about 10 cabinet ministers, including those responsible for the electricity, transport and law enforcement sectors, as well as the CEOs of Eskom and Transnet.
The question is, where will economic growth come from after years of a disappointingly poor showing due to a lack of political of will and the scourge of corruption?
It was answered by Busa chair Gore, who said that 3% economic growth was achievable through “changing sentiment”.
“If sentiment is bad, it pulls growth down,” Gore said.
He said that hugely improved economic growth could be achieved if 4MW of electricity was added to the grid and if SA was removed from global financial crime watchdog Financial Action Task Force’s list of countries with a higher risk of money-laundering and terrorism financing.
“This country is in a different place. Between us, there is good faith and trust,” Gore said.
The executives in charge of each of the partnership’s three focal areas will report back to the meeting on progress and challenges.
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