President Ramaphosa to attend meeting of PPGI and address BUSA’s inaugural

The meeting will be chaired by Minister in the Presidency responsible for Planning Monitoring and Evaluation, Dr Nkosazana Dlamini Zuma.

President Cyril Ramaphosa will today, Tuesday 29 January 2019, attend a meeting of the Public-Private Growth Initiative (PPGI) and address Business Unity South Africa’s (BUSA) inaugural Business Economic Indaba at the Gallagher Convention Centre in Midrand, Johannesburg.

The Public-Private Initiative partnership was established in April 2018 with an aim to align strategic planning between government and the private sector in the interest of improving economic growth and the way government and business work together.

The meeting will be chaired by Minister in the Presidency responsible for Planning Monitoring and Evaluation, Dr Nkosazana Dlamini Zuma.

Automotive, Agricultural, Chemicals, Manufacturing, Tourism, Renewable Energy – Wind and Solar, Energy, Construction, Pharmaceutical, Mining, Retail, ICT, Health and Insurance are the sectors of the economy which comprise this partnership and will present their five year , projected high level growth plans which will accelerate economic growth and job creation. The 14 sectors in the PGI will also highlight challenges that obstruct growth and the government intervention required to resuscitate unhindered production.

Following the meeting with the PPGI, President Ramaphosa will address Business Unity South Africa’s (BUSA) inaugural Business Economic Indaba.

Under the theme “Strategic Dialogue for a Transformed and Inclusive Economy”, the Indaba will see social compact partners in government, business and labour explore solutions that will build and sustain the economy for the benefit of all.

President Ramaphosa has during the course of his Presidency engaged extensively with business leaders in the country and abroad, driven by the effort to secure more than the US $100 billion in domestic and international investment in five years, which is critical to job creation and industrialisation in the South African economy.

The President has outlined an economic stimulus and recovery plan which entails implementing and enhancing economic reforms, reviewing public spending to support job creation, establishing an infrastructure fund, prioritising urgent matters in education and health and investing in municipal social infrastructure improvement.

(With Inputs from South African Presidency)