SoNA: Business bodies welcome certainty on energy but plead for urgency

Organised business groups have cautiously welcomed some of the economic promises in President Cyril Ramaphosa’s State of the Nation Address on Thursday, but called for a greater sense of urgency and the articulation of a clear long-term vision to boost South Africa’s struggling economy. Business Unity South Africa (Busa) – which advised “far-reaching economic structural reforms” ahead of the SoNA – said it was pleased the president had touched on many of the issues its members viewed as important, such as energy, public expenditure, and holding Cabinet to account.

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