{"id":16409,"date":"2026-01-28T03:49:35","date_gmt":"2026-01-28T03:49:35","guid":{"rendered":"https:\/\/microvibenews.com\/?p=16409"},"modified":"2026-01-28T03:49:35","modified_gmt":"2026-01-28T03:49:35","slug":"sa-renews-business-government-pact-to-boost-growth","status":"publish","type":"post","link":"https:\/\/microvibenews.com\/?p=16409","title":{"rendered":"SA renews business-government pact to boost growth"},"content":{"rendered":"<p><\/p>\n<div id=\"textFreeArticle\">\n<p style=\"font-weight: 400;\">South Africa\u2019s government and business leaders are rebooting their partnership with a renewed push to revive an economy that has underperformed for more than a decade.<\/p>\n<p style=\"font-weight: 400;\">\u201cWhile we have achieved much, there is much that we need to do,\u201d President Cyril Ramaphosa said in a statement on Tuesday after meeting with ministers and business to start Phase 3 of the compact formed in 2023.<\/p>\n<p>Read:<br \/>115 CEOs sign on to campaign to\u00a0reverse SA\u2019s current trajectory [Jul 2023]<br \/>Ramaphoria is back as\u00a0government targets 3.3% growth\u00a0by end 2025 [Oct 2024]<br \/>Business leaders says partnership avoided South Africa\u2019s failure [Sep 2025]<\/p>\n<p style=\"font-weight: 400;\">Over the past year, Africa\u2019s largest economy has been removed from the Financial Action Task Force\u2019s grey list, received a credit-rating upgrade from S&amp;P Global Ratings and formally adopted a 3% inflation target \u2013 steps that have helped drive a rally in the rand and local bonds.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p style=\"font-weight: 400;\">The next phase of the partnership will focus on youth employment, tackling crime and corruption, and accelerating reforms in energy and logistics to improve growth and confidence, according to the statement.<\/p>\n<p style=\"font-weight: 400;\">The partnership will support the creation of a competitive wholesale electricity market, faster grid expansion and a clear roadmap for Eskom unbundling, including the creation of an independent transmission system operator, according to the statement.<\/p>\n<p>Listen\/read: Government-business partnership makes slow but steady progress<\/p>\n<p style=\"font-weight: 400;\">Reforms in transport and logistics will also be stepped up, with greater private-sector participation to boost efficiency and investment.<\/p>\n<div class=\"visible-sm-block visible-xs-block m1010\">\n<div class=\"ad-container-wrapper\">\n<p>ADVERTISEMENT:<\/p>\n<p>CONTINUE READING BELOW<\/p>\n<\/div>\n<\/div>\n<p style=\"font-weight: 400;\">\u201cSouth Africa is turning the corner,\u201d said Adrian Gore, CEO of Discovery and co-convener of the business delegation.<\/p>\n<p style=\"font-weight: 400;\">\u201cWe must act decisively to convert this momentum into investment and jobs.\u201d<\/p>\n<p style=\"font-weight: 400;\">\u00a9 2026 Bloomberg<\/p>\n<p><em>Follow Moneyweb\u2019s in-depth finance and business news on WhatsApp here.<\/em><\/p>\n<\/p><\/div>\n<p><script data-cfasync=\"false\">\n            !function(f,b,e,v,n,t,s)\n            {if(f.fbq)return;n=f.fbq=function(){n.callMethod?\n                n.callMethod.apply(n,arguments):n.queue.push(arguments)};\n                if(!f._fbq)f._fbq=n;n.push=n;n.loaded=!0;n.version='2.0';\n                n.queue=[];t=b.createElement(e);t.async=!0;\n                t.src=v;s=b.getElementsByTagName(e)[0];\n                s.parentNode.insertBefore(t,s)}(window, document,'script',\n                'https:\/\/connect.facebook.net\/en_US\/fbevents.js');\n            fbq('init', '779812924991616');\n            fbq('track', 'PageView');\n        <\/script>#renews #businessgovernment #pact #boost #growth<\/p>\n","protected":false},"excerpt":{"rendered":"<p>South Africa\u2019s government and &hellip; 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