JOHANNESBURG (miningweekly.com) – Minerals Council South Africa has responded exceedingly positively to the launch by President Cyril Ramaphosa of the third phase of South Africa’s Government-Business Partnership for Growth and Jobs, which marks the next chapter of a joint effort between government and business to accelerate inclusive economic growth, unlock investment, strengthen confidence and create jobs.
The goal is to lift South Africa’s economic growth to 3% by 2030 and create one-million jobs. (Also watch attached Creamer Media video.)
Unlocking R50-billion in capital currently tied up in planned projects facing delays has been flagged along with restoring investor confidence in mining, which has been singled out as the major driver of economic growth.
Phase three will be about deepening implementation, embedding reforms already undertaken to ensure that progress cannot be reversed.
“This phase must be defined by disciplined execution. Every workstream must have clear objectives, measurable targets, firm timelines and accountable leaders. Progress must be monitored regularly and reported transparently. Where implementation falls behind, we must intervene rapidly.
