WORK­ING TO­GETHER

Finweek English Edition - - IN BRIEF -

The un­prece­dented col­lab­o­ra­tion be­tween or­gan­ised business, civil so­ci­ety and parts of gov­ern­ment, no­tably Trea­sury, to avert a credit rat­ing down­grade to junk in 2016 should be lauded. The pri­vate sec­tor has also be­come in­creas­ingly vo­cal on the risks – par­tic­u­larly reg­u­la­tory and po­lit­i­cal – that are hurt­ing the econ­omy. One ex­am­ple is the Cham­ber of Mines’ re­sponse to a new draft mining char­ter, pub­lished with­out prior con­sul­ta­tion. At the same time, civil so­ci­ety or­gan­i­sa­tions like the He­len Suz­man Foun­da­tion, Freedom Un­der Law, Outa and Sec­tion27, have fought to hold power to ac­count on mat­ters rang­ing from the po­lit­i­cally mo­ti­vated pros­e­cu­tion of pub­lic figures, the gov­ern­ment’s nu­clear plans, e-tolls and Hlaudi Mot­soe­neng’s run­ning of the SABC.

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