Business stakeholders left wanting following ‘election-oriented’ SoNA

Business stakeholders agree that President Cyril Ramphosa was right to emphasise economic reforms in his State of the Nation Address (SoNA) on February 8, as these are critical to turning around the country’s dire economic performance and unemployment. Business Leadership South Africa (BLSA), for one, appreciates the President acknowledging the private sector’s role in supporting the National Electricity Crisis Committee and the National Logistics Crisis Committee; however, the organisation says it wanted clear indications of how blockages would be overcome to improve confidence that reform momentum will be maintained.