Busa optimistic about Manaung decisions
Fin24

Busa optimistic about Manaung decisions

2012-12-21 15:00

Johannesburg - Business Unity South Africa on Friday welcomed policy decisions taken at the ANC's Mangaung conference as positive for the economy and the country as a whole.

"Busa... found the overall message from the conference as positive and confidence-building for the country in general," it said in a statement.

"Additionally, key economic decisions which were adopted will now hopefully boost investor confidence and spur economic growth."

The business umbrella body singled out the ruling party's decisions to reject nationalisation and its endorsement of the National Development Plan.

However, it said, for the plan to have a significant impact, true collaboration between government, business and labour was necessary.

It said business remained committed to working with government to address the challenges of unemployment, education and corruption.

Comments
  • thepatrickwinter - 2012-12-21 15:38

    I think investors are generally tired of South African rhetoric. Actions now speak the loudest, not dancing and wide grins.

  • sexyfancyface - 2012-12-21 18:02

    I have hope though this time around who knows. Zuma knows that the whole country is less impressed with him maybe the Zuma moment is due as was the case in Brazil during Lula's second term..

  • hazelphumzile.mazibuko - 2012-12-21 18:10

    Whites maybe its time you rally behind Zuma. 1. He dealt with the Malema dragon decisively. Malema claim to fame was race baiting and populist economic rhetoric. When Malema started to go off message Zuma cracked the whip 2. He has steered the ANC away from dangerous nationalisation rhetoric 3. For all his supposed lack of education Zuma has shown that he is for responsible and pragmatic economics. His government has been fiscally responsible and SA has not been as affected by the global economic crisis as some of its peers. He has seen the importance of having business friendly figureslike Ramaphosa, Pravin Gordan, Tito Mboweni in his new leadership line up 4. He has said that ANC economic policy making will be around the National Development Plan which even the opposition has said is a good plan So whites - if you know whats good for you cut the guy some slack. Learn lessons from Zimbabwe

      barnie.huysamer - 2012-12-22 08:35

      Why are you directing your post to whites only Hazel?

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