Former Trade and Industry Minister Dr Rob Davies is urging the South African government, in which he served as a Cabinet Minister from 2009 to 2019, to implement a New Deal-style recovery programme to address the economic damage arising from both Covid-19 and more than a decade of economic drift. Speaking during a recent virtual launch of his new book, Davies cautioned that a retreat to austerity could result in a long and politically destabilising period of stagnation. The recovery effort, he said, had to be of a scale commensurate with the economic damage inflicted by the pandemic to avoid widening inequality and a deepening of poverty.
News
You are here: Home1 / News2 / Industry News3 / Davies calls for a New Deal-style recovery strategy that eschews auste...
You might also like
INDUSTRY NEWS
- Germany reaffirms €2.68bn commitment to South Africa’s Just Energy TransitionJanuary 23, 2026 - 5:04 pm
- Nersa activates electricity tribunal powers, issues default orders against five municipalitiesJanuary 23, 2026 - 4:04 pm
- Great progress made on operational stability – utilityJanuary 23, 2026 - 1:04 am
WHERE TO FIND US
Address
9 Yellow Street
Botshabelo Industrial Area
Botshabelo, Free State
Call / Email Us
Tel: +27 (0) 61 956 6772
Email: info@transfix.co.za
