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A disparate approach to South Africa’s economy emerged across the economic cluster budget votes delivered in Parliament. That’s despite ministers talking of accelerating progress in the Economic Reconstruction and Recovery Plan. ....
A disparate approach to South Africa’s economy emerged across the economic cluster budget votes delivered in Parliament. That’s despite ministers talking of accelerating progress in the Economic Reconstruction and Recovery Plan. ....
Ziyaad Douglas, Gallo Images Operation Vulindlela is a unit in the office of the Presidency which monitors the implementation of policy reforms. Deputy Minister of Finance, David Masondo, said the unit s work was as urgent as ever as the South African economy was expected to grow 3.3% this year. Masondo acknowledged that, even recently, political economic interests often presented a stumbling block. One of the great challenges confronting President Cyril Ramaphosa s Operation Vulindlela is the political and technical conflicts stifling the policy reforms that the high-level unit was established to expedite, according to the unit’s officials. Operation Vulindlela is a unit in the office of the Presidency which also works closely with National Treasury in monitoring the implementation of policy reforms of Ramaphosa’s Economic Reconstruction and Recovery Plan, aimed at positioning South Africa for economic recovery and sustained growth. ....
‘SA can’t leave its shift to a low-carbon future to chance’ 25 Jan 2021 Building resilience: South Africa is dependent on fossil fuels, but the switch to a more sustainable economy requires protecting people’s livelihoods. (Waldo Swiegers/Bloomberg/Getty Images) Without international and private finance, South Africa’s path towards building a low-carbon, climate-resilient economy will be “very limited”, according to the chief executive of the National Business Initiative (NBI), Joanne Yawitch. This is a result of the poor state of the economy, worsened by the fallout from the Covid-19 pandemic, Yawitch said at the launch of the Just Transition Finance Roadmaps in South Africa and India project. Both are coal-dependent countries. ....