MTBPS: ‘Opportunity to build confidence on several fronts’

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MTBPS: ‘Opportunity to build confidence on several fronts’
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BLSA CEO emphasises how team work can help boost SA's economy.

Sport has the remarkable ability to show us who we can be. The Springboks’ nail-biting win was the result of dedication, hard work, an excellent plan and unrelenting delivery on the field — my congratulations to the team on their brilliant performance.

I expect the minister to hold the line, while also maintaining balance between spending and investing – consumption expenditure does not grow the economy. These competing demands make the minister’s job very difficult. I wrote in yesterday’s Sunday Times that there is a straightforward way to help relieve the pressure – embrace the private sector. Partnerships can enable extensive investment in infrastructure, but by the private sector instead of the state, as we’re seeing in electricity. Business has also been a partner in supporting the state’s capacity.

Where partnerships underpin investment, the roles and responsibilities of each partner must be clearly defined with the policy decisions clearly in the government domain. I am pleased we have made good progress in optimising the role of the private and public sectors in electricity, for example.

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