Johannesburg – Growth has been slowing down since 2011, and “erratic politics” is not helping the situation. Instead it undermines business and public confidence and perpetuates uncertainty, said Deputy Finance Minister, Mcebisi Jonas.
Jonas was speaking at the Association of Black Securities and Investment Professionals (Absip) Financial Services Conference, held in Sandton on Tuesday. He explained that South Africa needs “exceptional leadership” within government and business to achieve inclusive growth and transformation.
“We need exceptional management in government, business and labour throughout all of society,” he said. In 1994, the exceptional leadership was at the heart of decision making which steered the country forward. This leadership managed to reduce poverty levels, improve access to basic services and created and grew the black middle class, he explained.