CEO Initiative on 14-point rescue: one Gigaba does not a government make
Business leader Jabu Mabuza has thrown down the gauntlet to cabinet ministers to back Finance Minister Malusi Gigaba in implementing the government's 14-point short-term growth plan - but there is doubt if the plan will be sufficient to boost economic growth. Mabuza, who is chairman of the CEO Initiative, said on Friday while the plan "talks good things" a major issue was that the ministers of various departments "should make this commitment and come out and say I will do this". "My criticism is these are all policy positions that we are all aware of ... what we need is a better demonstration of a co-ordinated approach by government, not by a minister," said Mabuza, who also chairs Business Leadership South Africa. Business was happy with the progress it had seen from Gigaba, he said, "but we cannot say we're seeing the same from the other ministers". "Talk about Eskom. [Gigaba] is the person who must fund it, but what is the minister of energy saying about the things that need to b...
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