On 5 August, Mondli Gungubele (minister in the presidency) and Enoch Godongwana (minister of finance) released the second quarter report on accelerated growth-enhancing structural reforms being implemented under Operation Vulindlela. The joint initiative of the presidency and the national treasury was established in 2020 to address constraints on South Africa’s economic growth and job creation.
“People are no longer prepared to give [the authorities] the benefit of the doubt. Seeing is believing,” says Martin Kingston, chairman of the Business for South Africa (B4SA), an umbrella group of trade associations. “That’s what is going to build trust and confidence, and generate the appetite for investment.”
Sectoral reforms
Operation Vulindlela has identified 26 structural reforms in the sectors of telecommunications, energy, water, and transport (rail and ports). The reforms include South
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