for subscribers

Policy clarity vital for further investment - consumer body

Share your Subscriber Article
You have 5 articles to share every month. Send this story to a friend!

Johannesburg – The over 12 000 members of the Consumer Goods Council of SA (CGCSA) are willing to invest further, but require policy clarity and certainty, the organisation said in reaction to the failure of the vote of no confidence in President Jacob Zuma.

CGCSA members contribute 18.4% (more than R508.51bn) to SA’s gross domestic product and employ more than 2.9 million people.

The CGCSA said on Thursday it respects the wishes of the members of parliament who participated in the voting process and will continue to engage with government for the common good of the country.  

There’s more to this story
Subscribe to News24 and get access to our exclusive journalism and features today.
Subscribe
Already a subscriber? Sign in
ZAR/USD
17.42
(+0.10)
ZAR/GBP
22.77
(+0.02)
ZAR/EUR
20.59
(-0.00)
ZAR/AUD
12.46
(+0.38)
ZAR/JPY
0.16
(+0.28)
Gold
1952.30
(+1.67)
Silver
27.44
(+7.13)
Platinum
960.00
(+3.27)
Brent Crude
45.32
(+2.09)
Palladium
2175.50
(+1.97)
All Share
57419.46
(+0.00)
Top 40
53082.08
(-0.08)
Financial 15
10227.06
(+0.86)
Industrial 25
75743.15
(-0.61)
Resource 10
59161.88
(+0.29)
All JSE data delayed by at least 15 minutes morningstar logo
Company Snapshot
Voting Booth
Do you think it was a good idea for the government to approach the IMF for a $4.3 billion loan to fight Covid-19?
Please select an option Oops! Something went wrong, please try again later.
Results
Yes. We need the money.
11% - 989 votes
It depends on how the funds are used.
74% - 6594 votes
No. We should have gotten the loan elsewhere.
15% - 1383 votes
Vote