The Cape Chamber of
Commerce
On
Wednesday, Finance Minister Nhlanhla Nene delivered his medium-term budget
speech saying government will have to spend less and taxpayers will have to pay
more to help combat slow economic growth.
Cape Chamber
President Janine Myburgh said given the challenges facing the economy, it is
now more important than ever that our policy makers in other departments
understand the difference between policy crafted for a developmental state and
guard against implementing policy and legislation which places us closer to a
welfare state.
“If we were
to get the economy back on the growth path, more business-friendly policies are
needed. Growth comes from the private sector and not the unions so he will have
to listen to some different voices.” Myburgh added.
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