Cape Town – Deputy President Paul Mashatile on Friday held a dialogue with business leaders hosted by the Johannesburg Stock Exchange (JSE).
The meeting aimed to foster collaboration between the government and private businesses to rebuild business and investor confidence and address the country’s socio-economic challenges.
The participants included captains of industry, CEOs, senior executives, and business associations, who acknowledged their role in resolving some of the challenges faced by South Africa.
Mashatile welcomed the engagement and proposed that such meetings be held annually.
“As a means of moving forward, engagement with the JSE-listed companies will be institutionalised for future engagement and as a platform to expedite the implementation of the commitments made,” he said.
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In a statement, the Presidency stated that the dialogue focused on issues hindering the private sector’s ability to work with the government in creating a conducive environment for economic prosperity.
“The dialogue focused on issues affecting and hindering the private sector’s ability to play a meaningful role in working with government to create a conducive environment for economic prosperity.
“The event provided the Deputy President an opportunity to speak to the major deliverables of his portfolio, policy reforms as well as steps being taken to enhance investor confidence, which touches on energy security, the economy, social compacting, crime, corruption, foreign direct investment and international relations and trade.
“The captains of industry raised issues of concern affecting their constituents, particularly those relating to their ability to operate efficiently. They urged government to work with a greater sense of urgency in attending to the current energy crisis, crime and corruption, and processing of applications relating to statutory obligations hindering their ability to conduct business effectively,” the statement read.
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Source: AFP
Picture: Facebook
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