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SA poised for growth

January 21, 2025

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The Citizen

REFORMS: GOVT, BUSINESS MEETING SET TO SPUR MOMENTUM

- Ina Opperman

Business and government are ready to grow the economy this year, kicking off 2025 with a positive meeting that spurred momentum to accelerate structural reforms.

Busisiwe Mavuso, CEO of Business Leadership South Africa (BLSA), says in her weekly newsletter the organisation had a positive meeting with the president and a senior government team last week to provide updates and discuss the agenda for its government/business partnership this year delivered through Business for South Africa.

She said the ambition of the second phase of the partnership was to deliver economic growth of 3% by the end of this year.

"That is a material ambition, but one that business as well as government are committed to seeing through. That level of growth leads to job creation and triggers a positive self-reinforcing sentiment that supports growth."

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