Tag Archives: private-sector

The non-payment threat of the working class

By Themba Mbatha We have all accepted that the state’s economic preoccupation in the coming years should be the pursuit of a developmental state. To that end, President Jacob Zuma announced in the State of the Nation address an unprecedented public infrastructure spending programme to achieve the objectives of a developmental state. The estimated R800-billion…

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The importance of private sector growth and development in Africa

The private sector is Africa’s primary engine of growth. It generates an estimated 70 percent of Africa’s output, approximately two-thirds of its investment and 90 percent of employment on the continent. Based on these statistics supplied by the African Union (AU), the creation and development of private sector jobs is seen as one of the…

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