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.”