Presidency asks business to delay retrenchments

pratlou

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The presidency has urged big business in SA to hold off on planned retrenchments, saying it is staying the course on the energy action plan as well as the logistics turnaround strategy. Measurable progress is expected shortly.

We have a plan. We need consistency which then will allow for stability and a clear way forward. We don’t need to chop and change. We need a consistent plan. Business has partnered with government and we urge business to stay the course,” said Rudi Dicks, head of the project management office in the presidency.

Businesses such as Arcelor Mittal and Sibanye-Stillwater have outlined plans to lay off thousands of workers in response to domestic issues and international factors.

Organised business agreed with the government last June to work together on energy, logistics and crime, the three areas business identified as critical to turning around the economy.

“If it is the prediction that economic activity is to decline further, what we have to do is convince the market that the plan [on logistics and energy] is credible and will be implemented quickly,” said Dicks.

Senior economist Iraj Abedien said if macroeconomic decisions, especially about Eskom and Transnet, had been taken at the right time SA could have been on a better economic trajectory by now.

“There is a lack of political courage to do things at the right time. We do this too late, when there is no other choice and that has been devastating to the economy.


“Unfortunately, with regard to President Cyril Ramaphosa, he knows the right thing but only does it when the damage has been done, and that has deepened the trust deficit during his administration."


 
Sane people ask ANC to step down.
 
The private sector is not a SOE you cum dunts - when it doesn't make money or business sense fix it asap as there are no taxpayers that'll offer a bail-out.
 
"We have a plan" LOL

I-love-it-when-a-plan-comes-together GIFs - Get the best GIF on GIPHY
 
"If it is the prediction that economic activity is to decline further, what we have to do is convince the market that the plan [on logistics and energy] is credible and will be implemented quickly,” said Dicks.

Like the same speed you got that plans you made to stop loadshedding off the ground, never mind implemented them?
 
"If it is the prediction that economic activity is to decline further, what we have to do is convince the market that the plan [on logistics and energy] is credible and will be implemented quickly,” said Dicks.

Like the same speed you got that plans you made to stop loadshedding off the ground, never mind implemented them?

Notice that the plan is to convince, not to actually f**ing do anything.
It's just for votes, that's all this is about. Clean and simple.
 
"we have a plan..."

Lol lol lol....
I also have a plan.

-High speed trains country wide with free travel.
-50 clean energy power stations with free electricity for all.
-Golden hot air balloons for everyone.
-1 million USD per month government grants for all.
-A South African moon base
-A manned mission to Alpha Centauri
-A private jet per family

Now when it comes to implementation, my strategy largely revolves around blaming white people for the failure.
 
Notice that the plan is to convince, not to actually f**ing do anything.
It's just for votes, that's all this is about. Clean and simple.
The anc can't do fsck all, they're amazing at plans and such though.
 
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