Home Business and Technology Business wants more economic reform – #SONA2020

Business wants more economic reform – #SONA2020

President Cyril Ramaphosa

A decisive speech-driven chiefly by the economic emergency. That’s what business wants to hear from President Cyril Ramaphosa during the State of the Nation Address on Thursday. It wants Ramaphosa to drop his overly consultative approach, which it says is delaying urgent action.

President Cyril Ramaphosa

Economist Sifiso Skenjana says the gap between the president’s promises on structural economic reforms and the actual business sentiment on the ground is too wide. But going into this Sona, business leaders feel there aren’t any clear pronouncements.

Instead, it’s felt there are long delays by the president’s over-consulting, while the fiscus takes a hit with no deadline-driven plan.

In other news – Idols winner Yanga Sobetwa blesses her Family with a new House – Picture

Season 15 Idols winner Yanga Sobetwa is over the moon after buying her family a brand new home.

Yanga Sobetwa

The 18-year-old singer took to her Instagram account to share with her more than 350 000 followers the good news. Read more

Source: eNCA