BUSINESS MAVERICK: Forgotten Promises: Ease of doing business

Ahead of the elections, the ANC government made two promises to South Africans: to restore a culture of ethics and accountability and to fix the economy. In terms of fixing the economy the president made specific commitments – to create 275,000 new jobs a year, is just one example.

Economic activity requires rules and regulations that are efficient, accessible, and simple to implement. While attracting inward investment is a priority, one also wants to make it so easy to do business that every citizen wants in on the action. Against each goal, InvestSA has a budget, a time-frame and a person responsible. The team meets monthly and reports quarterly to the economics cluster – it had its first report-back on Thursday 15 August.

Technical Working Groups have been established to begin work in five of the indicators: Starting a business, paying taxes, registering property, trading across borders, and dealing with construction permits. The second phase will include the digitisation of the Unemployment Insurance Fund, the Compensation Fund and a link to South African banks.Within a year we believe we will have the whole process integrated on to one platform. These e-government services will improve turnaround time and service delivery, which will propel South Africa into the top quartile of the rankings on ‘starting a business’,” Hoosen says.

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