Date: 18 September 2020, updated
The National Economic Development and Labour Council (NEDLAC) has agreed to an action plan for economic recovery which is due for consideration and finalisation by Cabinet and is directed towards building confidence and placing SA on a path of investment and growth. The agreement was formalised at a meeting (15 September 2020) of the NEDLAC Forum for Economic Recovery that was chaired by President Cyril Ramaphosa.
The social partners’ action plan is founded on significant convergence on what needs to be done to set the economy on a new, accelerated, inclusive and transformative growth trajectory. Social partners have identified priority areas for rebuilding the economy as well as structural reforms and other programmes which will enable sustainable and inclusive growth with an intensive focus on job creation.
Social partners have also agreed on a social compact which commits government, business, labour and community to mobilising funding to address Eskom’s financial crisis in a sustainable manner – in return for an efficient, productive and fit-for-purpose Eskom that generates electricity at affordable prices for communities and industries.
The economic recovery action plan identifies roles and responsibilities of all the social partners – government, community, labour and business – who today declared their commitment to the implementation of the plan. The President will announce the details of the plan once it has been finalised by Cabinet. The President welcomed the social partners’ plan for economic recovery as a demonstration of collaboration that had produced “a significant milestone in the history of our democracy and the advent of a new era of confidence”. “This is a great achievement that rises to the challenge of the moment,” the President said.
State of the Nation Address 2022
- State of the Nation address by President Cyril Ramaphosa (10 February 2022)
- Presidential Employment Stimulus report (January 2022)
The Growth Lab (Harvard):
- Hausmann, R., et al.: Macroeconomic risks after a decade of microeconomic turbulence: South Africa 2007-2020 (January 2022)
Medium Term Budget Policy Statement, November 2021:
- Speech by the Minister of Finance, Enoch Godongwana
- Medium Term Budget Policy Statement
- MTBPS documentation
Presidential Employment Stimulus, Phase 2:
- Presidential Employment Stimulus: Review and introduction to Phase 2 (22 October 2021)
- Minister Mondli Gungubele (14 October 2021)
- Minister Patricia De Lille
- Minister Thulas Nxesi
Perspectives on a Basic Income Grant:
- Michael Sachs: Basic income support is unavoidable, but making it work requires political courage (8 February 2022)
- Alex van den Heever: Is opposition to basic income support for vulnerable adults informed by evidence or ideology? (31 January 2022)
- Department of Social Development: Final report of an expert panel on Basic Income Support (14 December 2021)
- Maya Goldman: A contentious grant for the post-SRD era (30 November 2021)
- WIDER Working Paper: Simulation of options to replace the special COVID-19 Social Relief of Distress grant and close the poverty gap at the food poverty line (8 November 2021)
- Alex van den Heever, Ivor Chipkin, Jelena Vidojevi: Why South Africa needs a universal basic income grant (4 November 2021)
- Michael Sachs: Basic income support and economic growth
- GCRO/MISTRA webinar: Rebuilding Economies (28 October 2021)
- Department of Social Development: Rapid assessment of the implementation and utilisation of the Special Covid-19 SRD Grant (21 October 2021)
- Claude de Baissac: A strategy guaranteed to fail (21 October 2021)
- Colin Coleman, Pramol Dhawan, Nouriel Roubini: How to put SA’s economy on a bold, sustainable and inclusive growth path (17 October 2021)
- Institute for Economic Justice: Designing a BIG (7 October 2021)
- Gilad Isaacs: A response by the Institute for Economic Justice to Intellidex on the Basic Income Grant (7 October 2021)
- Isaah Mhlanga: Investment not debt, taxation and consumption (5 October 2021)
- Sunday Times, ABSA, Mkokeli Advisory National Investment Dialogue: video (30 September 2021)
- Business Unity South Africa’s position on Basic Income Grant (28 September 2021)
- Intellidex: Is a basic income grant sustainable? (16 September 2021)
- SA Government: Draft anti-poverty strategy, abridged version. (September 2021)
- Institute for Economic Justice: Financing options for a Universal Basic Income Guarantee in South Africa (29 July 2021)
- DNA Economics: Universal Basic Income Guarantee financing options. (8 July 2021)
ANC NEC Lekgotla, September 2021:
- Closing remarks by ANC President Cyril Ramaphosa
- Political overview by ANC President Cyril Ramaphosa
- Submission by COSATU
- COSATU Central Committee, September 2021:
Repositioning SOEs for economic transformation and development:
- Improving DPE’s oversight of State-Owned Companies (8 September 2021)
- Addressing governance and financial challenges at SOEs (18 August 2021)
- SAA update (2 June 2021)
- DPE Budget Vote speech by Minister Pravin Gordhan (25 May 2021)
- Transnet governance (2 September 2020)
- Inaugural meeting of the PSEC (5 November 2020)
- Appointment of the Presidential State-Owned Enterprises Council (11 June 2020)
2022-2023 Budget considerations:
- Finance and Fiscal Commission: 2022/23 Division of Revenue submission (25 August 2021)
- National Treasury: Implications of fiscal consolidation (25 August 2021)
Nedlac’s Government Budget Planning Dialogue (2 July 2021)
- National Treasury presentation
- BUSA presentation
- Organised Labour presentations
- Economic context ; Priorities and trade offs ; The role of fiscal and monetary policy in promoting growth ; Tax proposals and trade offs
Economic relief measures in response to the security crisis
- Economic impact of the recent unrest: National Treasury briefing to the Select Committee on Finance (24 August 2021)
- Economic Recovery Support Interventions: Briefing by dtic, IDC, NEF to the Trade and Industry portfolio committee (24 August 2021)
- Economic Rebuilding Package: dtic, DSBD, IDC, NEF, Sefa (11 August 2021)
- The IDC’s R1.5bn post-unrest Business Recovery package (11 August 2021)
- PPGI and partners: Findings of the Unrest Survey (3 August 2021)
- Gauteng Provincial Command Council: Details of the Gauteng City Region’s Economic response (30 July 2021)
- National Treasury: statement on relief measures (28 July 2021)
- President Cyril Ramaphosa: statement in meeting with business sector (20 July 2021)
- Minister Khumbudzo Ntshavheni: statement on government efforts of rebuilding and recovery efforts (20 July 2021)
- Gauteng Department of Roads and Transport: statement on the establishment of the Gauteng Freight Forum (20 July 2021)
- Commentaries on rebuilding the township economy:(Business Day); Enoch Godongwana; Vukani Mngxati (Business Day); Rita Zwane (Mail & Guardian); Colin Coleman (Business Day); Tshepo Mokholo (Mail & Guardian)
On the status and implementation of Master Plans:
- Gas Master Plan Basecase (December 2021)
- BPeSA’s Andy Searle: Master plan to drive continued investment in SA’s global business services sector (18 January 2022)
- Master Plan for the Steel and Metal Fabrication Sector: dtic presentation on implementation issues (7 December 2021)
- NEDLAC: Progress update briefing by DTIC (20 October 2021)
- Agriculture and Agro-processing Master Plan status update (August 2021)
- National Cannabis Master Plan for South Africa (August 2021)
- The South African Steel and Metal Fabrication Master Plan 1.0
- Competition Act: Guidelines on collaboration in the implementation of the South African Value Chain Sugarcane Master Plan to 2030 (16 July 2021)
- dtic briefing on the Poultry Master Plan (22 June 2021)
- dtic briefing on the Automotive Master Plan (22 June 2021)
- Steel and Metal Fabrication Master Plan 1.0 (14 June 2021)
- dtic briefing on the Sugar Master Plan (11 May 2021)
- Sugarcane Value Chain Master Plan to 2030: SASA briefing (11 May 2021)
- dtic briefing to the Portfolio Committee (23 February 2021)
- DTIC Master Plans resource page
Perspectives from The Presidency
- The Presidency Budget Vote 2021: Address by President Cyril Ramaphosa (02 June 2021)
- The Presidency Budget Vote 2021: Address by Deputy President David Mabuza
- The Presidency Budget Vote 2021: Address by the Minister Khumbudzo Ntshavheni, MP, Acting Minister in the The Presidency
- Debate on The Presidency Budget Vote: Reply by President Cyril Ramaphosa (03 June 2021)
- Black Management Forum Gala Dinner: Address by President Cyril Ramaphosa (04 June 2021)
- The Presidency: Annual Performance Plan 2021-2022
- Amendment to Schedule Two of the Electricity Regulation Act: statement by President Cyril Ramaphosa (10 June 2021)
- Infrastructure South Africa: presentation by Dr Ramokgopa to the 3rd Green Hydrogen webinar (09 June 2021)
Implementing the Economic Reconstruction and Recovery Plan
Parliamentary Budget Office briefing (11 May 2021)
Perspectives on localisation policy:
- Neva Makgetla : Localisation can only work if closely watched and tuned (18 January 2022)
- Ludovico Sanges (Duferco MD) : Beware unintended consequences of localisation (13 January 2022)
- Mat Cuthbertson (Democratic Alliance MP): Localisation is nothing more than protectionism (11 January 2022)
- Bheki Ntshalintshali (Cosatu general secretary): Ideologues do the jobless a disservice by turning localisation into a swearword (9 January 2022)
- Minister of Trade, Industry and Competition: reply to parliamentary question (4 October 2021)
- Minister of Trade, Industry and Competition: reply to parliamentary question (3 September 2021)
- Government in talks to localise more products in manufacturing: NCOP Economic Cluster ministerial briefing (11 May 2021
- BUSA/BLSA/Intellidex: Localisation – what is realistic? (30 April 2021)
- Small Business Institute: Local maybe lekker, but is it possible? (14 April 2021)
- DSBD presentations: Localization framework and SMME market access (24 November 2020)
Tourism Sector Recovery Plan
Perspectives on infrastructure policy issues:
- Interventions and reform processes at Transnet: Minister Gordhan’s briefing (16 August 2021)
- National Infrastructure Plan 2050: draft posted for comments (10 August 2021)
- Business Leadership South Africa: Infrastructure for South Africa (29 March 2021)
- South Africa’s Infrastructure Investment Plan: Update report to Select Committee on Transport, Public Service and Administration and Public Works and Infrastructure (2 September 2020)
- Presentation to Joint Committee meeting (24 June 2020)
Operation Vulindlela: “Opening the way” to priority structural reforms
- Presentation to Standing Committee on Appropriations (25 August 2021)
- Operation Vulindlela: Presentation to the Presidential Climate Commission (30 July 2021)
- Vulindlela Presentation
- Summary Booklet
- Operation Vulindlela: Dashboard
- Briefing to Business Leadership South Africa (4 March 2021)
Budget 2021 (24 February 2021) :
- Minister Tito Mboweni’s budget speech
- Budget 2021 documentation
- Financial and Fiscal Commission’s response to the 2021 Budget
- Parliamentary Budget Office’s response to the 2021 Budget
- PwC presentation to the Finance Standing Committee
- COSATU presentation to the Finance Standing Committee
- IDC’s contribution towards the Economic Reconstruction and Recovery Plan: presentation to the dtic Portfolio Committee
SONA 2021 (11 February 2021):
- President Ramaphosa’s State of the Nation address
- Business Leadership South Africa reaction to SONA 2021
- COSATU’s response to the State of the Nation Address
- Institute of Economic Justice: COVID-19 Scorecard Update
- COSATU’s SONA expectations statement
- Institute for Economic Justice: Relief and rescue are the foundations of economic recovery
- SACP: Expectations from SONA 2021
The Presidential Employment Stimulus:
Commentary by the Thabo Mbeki Foundation (04 February 2021):
Outcomes from the ANC NEC Lekgotla (January 2021):
- Closing remarks by President Cyril Ramaphosa
- NEC Lekgotla Bulletin
- COSATU’s input to the ANC NEC Lekgotla
Economic progress towards the NDP’s Vision 2030 – recommendations for course correction (December 2020):
2020 Medium Term Budget Policy Statement: Finance Minister Tito Mboweni (28 October 2020):
- The complete set of MTBPS documentation can be accessed here
- MTBPS Speech
Parliamentary debate on the Economic Reconstruction and Recovery Plan (21 October 2020):
South Africa’s Economic Reconstruction and Recovery Plan: Key Documents (15 October 2020):
- Presidential Employment Stimulus
- Building a New Economy: Highlights of the Reconstruction and Recovery Plan
- Implementation Plan
-
Address by President Cyril Ramaphosa to the Joint Sitting of Parliament (15 October 2020):
Presidential Economic Advisory Council (14 October 2020):
- PEAC Macro-dynamics Working Group: a report on spectrum regulation, commissioned from the LINK Centre (May 2021)
- PEAC Annual Report(December 2020)
- Briefing notes on key policy questions for SA’s economic recovery(14 October 2020)
EISEID Cluster (7 October 2020):
ANC NEC Lekgotla (5 October 2020):
Submissions to Nedlac’s (13 August meeting):
Submissions to Nedlac’s (19 June meeting):
Earlier perspectives:
ANC Economic Transformation Committee (10 July 2020)
Business for South Africa (8 July 2020)
National Treasury: Financing a sustainable economy (15 May 2020)
Colin Coleman: From a “two-speed society” to one that works for all (15 July 2020)
William Gumede: 12 pillars for an integrated Covid-19 economic recovery plan
Budget Justice Coalition presentation (1 July 2020)
C19 People’s Coalition submission (1 July 2020)
COSATU submission (1 July 2020)
Fiscal Cliff Study Group submission (1 July 2020)
Intellidex: Submission on the NT’s Economic Paper (15 September 2019)