Ready to go: Finance Minister Malusi Gigaba at the Johannesburg Stock Exchange on Thursday. He  laid out a 14-point programme  to wrench the economy out of recession.   Picture: REUTERS
Ready to go: Finance Minister Malusi Gigaba at the Johannesburg Stock Exchange on Thursday. He laid out a 14-point programme to wrench the economy out of recession. Picture: REUTERS

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.

If you are already a subscriber, please click on the following link below to go to the full article: Gigaba’s action plan echoes past policies

If you would like to subscribe to BusinessLIVE Premium to read the full story, please click here

Please sign in or register to comment.