Nokukhanya Mntambo7 March 2024 | 9:15

More than 130 CEOs in support of govt's plans to boost economy

The private sector has already mobilised over 350 experts and raised R170 million to help drive the economic recovery plan.

More than 130 CEOs in support of govt's plans to boost economy

Picture: 123Rf.com

JOHANNESBURG - More than 130 CEOs have thrown their weight behind government’s plans to boost the economy.
 
Business leaders met with President Cyril Ramaphosa earlier this week to talk shop.
 
The unrelenting energy crisis, challenges in the logistics sector, as well as crime and corruption were among the issues on the agenda.
 
A slow pace in the implementation of structural reforms in favour of economic growth also remains a priority.

The private sector has already mobilised over 350 experts and raised R170 million to help drive the economic recovery plan.
 
Chairperson of Business for South Africa, Martin Kingston said several targets have been set for the year.
 
“In the case of energy – effectively reducing the severity and ideally eliminating load shedding – but certainly the frequency and severity by the end of this year - in part, through the energy availability factor but critically as well, through the incremental addition of new generation.”