Gauteng banks on transformation

A specialised team has been established – comprising delegates from the Gauteng Premier’s office and the Banking Council of South Africa (BCSA) – to speed up economic development. Gauteng Premier, David Makhura, met with BCSA managing director, Cas Coovadia, last month to establish a strategic working relationship. Makhura said: “We want to partner with the banking sector on key transformation areas such as infrastructure development, transport, enhancing energy security and broadband infrastructure. We also want to build new postapartheid cities, and we see the banks as crucial partners in our quest to make Gauteng a global trading partner.”