Mmusi MaimaneIt seems the ANC has a DA finance minister! Tito Mboweni’s economic strategy paper, released on Tuesday, is a ray of light and hope on an otherwise dark horizon. His prescription is exactly what our failing economy needs.
The only criticism we at the DA could level at Mboweni’s reform strategy is that it does not go far enough. What Mboweni needs now to push his plans through is vocal, robust support from all quarters, be it civil society groupings, think tanks or opposition parties. Most of all, he needs President Cyril Ramaphosa’s full support.
The DA strongly supports the proposal of “full or partial exemptions for SMMEs from certain kinds of regulations, including labour regulations, to mitigate the start-up costs for SMMEs, but also to reduce the considerable regulatory requirements”. Unlocking small business activity is the key to mass job creation and skilling.