Over the past nine months, private businesses have been digging deep into their pockets to help the government address the country’s various crises relating to energy, logistics, crime and corruption.
The collaboration was initiated in June 2023, “with the aim of significantly growing South Africa’s economy and restoring public and investor confidence through critical interventions to address” the country’s numerous challenges impeding its economic growth, said Business Unity South Africa. The partnership was initially sparked out of the country’s electricity crisis, with the Resource Mobilisation Fund being established by private business following a request from the President for the business sector to help capacitate the country’s National Energy Crisis Committee.
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