Business Unity South Africa (Busa) has given its unqualified support to National Treasury’s publication of its paper “Towards an Economic Strategy for South Africa”.
This was a much-needed catalytic intervention to speed up the conversation around crucial and urgent macro-economic policy issues, said Busa president Sipho Pityana.
“The document correctly identifies many of the challenges that need to be addressed if we are to speed up economic transformation, inclusive growth and competitiveness, and proposes bold solutions. This decisive thinking is long overdue and will hopefully speed up the development of a new over-arching macro-economic policy to guide South Africa through these difficult times and beyond.”
Responding to Finance Minister Tito Mboweni’s call for comment on the document, Pityana said the organisation would respond in detail to the proposals as part of its contribution to the drive towards a sustainable and inclusive economy.