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Allan Baxter
In the first of this three-part series, Thozamile Botha argued SA doesn t need a new economic plan – existing platforms, including Nedlac, can be used to help drive economic growth. In this second chapter, Botha discusses how.
Leading up to the State of the Nation Address (SONA) this year, the Congress of South African Trade Unions (Cosatu) outlined what it hoped President Cyril Ramaphosa would say.
Among other things, it stressed the importance of implementing the Economic Reconstruction and Recovery Plan (ERRP).
For its part, meanwhile, the Thabo Mbeki Foundation (TMF) had in January released document of its own calling for the National Economic Development and Labour Council (Nedlac) to reconvene to conclude a Strategic Economic Reconstruction and Recovery Plan (SERRP).
But first, another plan
The address came on the back of the Thabo Mbeki Foundation (TMF) having released its own document titled
Let us advance from an inspiring vision to a transformative plan – which had critiqued the ERRP, published in October 2020, as essentially a vision, not the required transformative plan .
This document argued that due to the magnitude and importance of the challenge of eradicating poverty, alienation and inequity, the National Economic Development and Labour Council (Nedlac) should reconvene to conclude a Strategic Economic Reconstruction and Recovery Plan (SERRP).
But in Cosatu s view, we do not need new economic plans. The existing ERRP must be accepted as a plan. What