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Tag: National Development Plan (NDP)
Over the last few decades, technology has slowly shaped our world into one our grandparents wouldn’t recognise. Some of that change has been about the gadgets in our homes and in our pockets. Much else has been driven by researchers and scientists using powerful supercomputers to answer life‑changing questions and make ground-breaking discoveries in life sciences, physics, chemistry, and astronomy.
One year after COVID-19 was declared a pandemic, CEOs are voicing record levels of optimism in the global economic recovery, with 76% of global business leaders predicting that economic growth will improve in 2021. Coming off of a global recession (3.5% decline in world GDP) and a GDP contraction of 7% in SA, a record share of CEOs are optimistic about global economic growth this year.
Address by President Cyril Ramaphosa to the Joint Sitting of Parliament on South Africa's Economic Reconstruction and Recovery Plan.
South Africa has faced many crises before, but the one we are now in has convoluted our collective thinking about what true leadership is all about. The political atmosphere in the country has deepened the leadership question and has resulted in creating a tense and protest-filled environment.
Digital transformation is changing the ways businesses operate throughout the world. New technologies like cloud computing, artificial intelligence (AI), machine learning, and predictive analytics, already have had a profound impact on the world’s economies and continue to disrupt industries.
South Africa needs an extraordinary plan and a huge amount of political will to dig itself out of the proverbial hole we find ourselves. The ANC’s discussion document ‘Reconstruction, growth and transformation: building a new inclusive economy’, is not such a plan.
An interview with Barry Bredenkamp, General Manager Energy Efficiency, South African National Energy Development Institute (SANEDI), and Dr Ivor Blumenthal, CEO, ArkKonsult, discussing the Green New Deal (GND) and how harnessing its benefits can help grow the economy and create jobs in a post-COVID-19 world.
The South African economy, like many emerging and developing economies, has high levels of poverty. As with many such countries, there are three primary objectives to reducing poverty, unemployment and inequity. These three objectives take precedence over almost all other goals.
The industrial base of a country depends on a reliable supply of electricity and steel. Hence in the 1930s, South Africa developed both Eskom and Iscor, since then the economy has diversified considerably. While the industrial and mining base of the country remains dependent on reliable supplies of these primary products, the manufacturing industries, the secondary and mining sectors, in particular, also need to be developed through efficient labour and technical training.
While lockdown inadvertently helped to reduce carbon dioxide emissions, it is critically important that sustainability of the environment is at the heart of post-COVID-19 recovery efforts. This is where the much-talked about Green New Deal (GND) becomes crucial and while it’s no panacea to economic challenges, harnessing its benefits can help grow the economy and create jobs in a post-COVID-19 world.
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