The Gauteng provincial
government has launched a
Red Tape Task Team, headed
up by MEC Paul Mashatile, to
cut down on regulations within
government and the private
sector which hamper business
development and investment in
the province.
Speaking at the two-day
Gauteng Economic Indaba
held in Johannesburg last
week, Gauteng premier David
Makhura said the task team
would include representatives
from business, labour, the
youth and women.
Makhura presented the
province’s Draft Economic
Plan – aimed at “radically
transforming, modernising
and reindustrialising Gauteng”
– which is, according to
him, a product of extensive
research and engagement with
key economic stakeholders,
including business, labour,
state-owned enterprises and
academia.
Keynote speaker at the
event, deputy president Cyril
Ramaphosa, pointed out
that Gauteng – with a gross
domestic product (GDP) of
R1.3 trillion – generated over
34% of South Africa’s national
GDP, and was responsible for
over 40% of the country’s total
manufacturing output.
CAPTION
Heads together… David Makhura (left) and Cyril Ramaphosa.
Gauteng set to cut red tape
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