Alan Mukoki criticised the new economic strategy, emphasizing the need for effective execution and root cause analysis.
Gauteng Premier Panyaza Lesufi. Photo: GICISAlan Mukoki, CEO of the South African Chamber of Commerce and Industry, said the issue is not with the “what but the how”, criticising the lack of coherence regarding how these plans will be implemented and the tools required to do so.“There’s a lack of root cause analysis regarding why previous plans failed. The basic issue is that without understanding why previous efforts failed, it’s challenging to create a successful plan.
“The transformation we need is the transformation of the entire economy. The failure of black businesses in SA will ultimately be the failure of SA as a whole. “The failure to include women in business will also lead to the failure of the state. The prosperity of the country and the alleviation of extreme poverty depend on true transformation. Economic policy and transformation must be seen as interconnected,” he said.Political analyst Thabang Motswaledi from North-West University said while the speech showed a commitment to transparency and accountability, it fell short of detail in economic and social policies.
“The premier could have provided more detailed insights into how certain initiatives will benefit the poorest and most marginalised in Gauteng. “The transition of Transnet back to the province’s economic hub needs to be explained in terms of its impact on those at the bottom of the economic ladder,” he said.“We also heard of job creation efforts like the Nasi iSpani initiative, but there are questions about whether the jobs are permanent, temporary or contractual.”News
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