LETTER: Innovative funding sources can be a game-changer for SA
THE IMF and World Bank predict that the South African economy will grow by well under 1% in 2016. To address this challenge President Jacob Zuma and his government have implemented a nine-point plan — launched over a year ago by Zuma in his 2015 State of the Nation Address. I believe that this plan is critically important to SA’s economic growth and recovery in very challenging times.The overriding message of this plan, and conveyed by President Zuma to global business, finance and government leaders, is that the country is open for business. SA is serious about meeting the challenges and critical targets set out in its National Development Plan (NDP) while maintaining a strong economic relationship with the rest of the world.The key points in the plan are intended as a road-map to boost economic growth and create much-needed jobs. However, the challenge will be that in order to implement this plan, massive amounts of funding will be required.Therefore, I believe that in order for P...
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