Gigaba’s action plan echoes past policies
Plan proposes new dialogue on Mining Charter, includes pledge for sustainable wage deal
Finance Minister Malusi Gigaba tabled an "inclusive growth action plan" on Thursday in response to the recession in SA, promising reform of state-owned enterprises (SOEs), fiscal prudence and a new dialogue on the Mining Charter.
However, the minister faced a barrage of questions around corruption and whether the plan was significant enough to reignite confidence.
Gigaba’s plan contained little that was new, but did include a commitment to time frames in which several cardinal decisions would be made.
In a broad sweep, it echoed President Jacob Zuma’s nine-point plan, introduced in the state of the nation address in 2015, with similar focuses on energy, reforming SOEs, broadband roll-out and encouraging private sector investment.
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