32/2018 Round up and Season’s Greetings

Dear Members and Colleagues

 

In the past few weeks there have been a number of developments that we will be deepening in the new year:

 

  1. The State of the Economy
  • The BUSA Board and a group of 20 business leaders who met at Liliesleaf Farm determined that urgent intervention is required in relation to Eskom and the budget. In the lead up to SONA and the budget in 2019 we will continue to focus on these two key areas.
  • Mid January 2019, BUSA will participate in the sector led initiative being convened by the Presidency under Minister Dlamini Zuma led by Johan van Zyl. BUSA will participate only from a cross cutting and alignment perspective as our sector organisations are best positioned to drive sector plans.
  • BUSA will host the inaugural Business Economic Indaba on 29 and 30 January 2019, where we will engage and determine the key levers for economic progress in 2019. President Ramaphosa has expressed a willingness to participate in part of the programme with key members of the economic cluster.
  • We will be facilitating a business and government pre-SONA engagement on business’ economic concerns and expectations.
  • In the lead up to Budget 2019 we will confirm our mandate with members, engage with the Minister, including in Nedlac on the high level fiscal task team.
  • We aim to set up a structured consultation platform between business and  government in 2019.

 

  1. Private Sector Support to Capacitate Human Resources within Government – AT Kearney have agreed pro bono to develop a proposal for business in this regard. The proposal will set out the modalities for this support. The short term focus areas will be targeted at enhancing capacity in electricity, water and transport as key enablers.

 

  1. Jobs Summit – the monitoring and evaluation mechanism is almost completed and will be finalised in the new year. Pursuant to the business commitments, we hope that we will obtain good traction in 2019 and unblock constraints as and when required. The African Development Bank has reached out to us and are eager to support some of the projects around agriculture, water, early childhood development and TVET transitions. There may also be opportunity to secure World Bank support for some of the projects focused on education and health in the new year.

 

It has been a busy end to 2018, and we will need to get into gear early in 2019 given the challenges facing the economy and in order to leverage the opportunities that arise. Hopefully this will be the last communication from BUSA for the year. We wish you well over the holidays and look forward to engaging productively in the new year.