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BUSA News

06 June 2017   (0 Comments)
Posted by: Zina Girald
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There have been a number of policy issues arising in the month of May. Eskom submitted an application to NERSA attempting to circumvent the requirement to provide information to substantiate the Multi-Year Price Determination, version 4 thereby undermining good governance and accountability. The deliberations on the Critical Infrastructure Bill continue in Nedlac, but are drawing to a close. The Nedlac task team on Sugar Sweetened Beverages has continued to meet and Parliament has started to engage on the same issue. The task team on the National Skills Development Plan commenced deliberations in Nedlac. The National Minimum Wage Bill has been drafted and deliberations will shortly commence in Nedlac in this regard.

BUSA’s work on a business approach to economic transformation has been ramped up during the course of May 2017. The approach provides a roadmap for business to deepen and accelerate economic benefit and participation by Black people in the South African economy. The BUSA Economic and Social Policy Committees and the Economic Transformation Think Tank deliberated on an updated version of the business approach. The BUSA Board held a special meeting to consider the draft and endorsed the draft for distribution to BUSA membership for internal member consultations. Members have been asked to consult internally on the background document that has been distributed, and to revert by 14 June 2017 in this regard. Thereafter, external stakeholder consultations will commence.

 

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