Sacci cheers Nene's resolve

Cape Town 101028. Deputy Finance Minister, Nhlanhla Nene is his 120 Plein Street office. PHOTO SAM CLARK, CA, Gaye Davis

Cape Town 101028. Deputy Finance Minister, Nhlanhla Nene is his 120 Plein Street office. PHOTO SAM CLARK, CA, Gaye Davis

Published Sep 14, 2014

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Johannesburg - The SA Chamber of Commerce and Industry (Sacci) welcomed the commitment by Finance Minister Nhlanhla Nene to improve business conditions and include the private sector in working towards more efficient public service delivery, it said on Friday.

Nene briefed the business chamber on Thursday on the broad fiscal policy issues.

He said although the global economy continued to strengthen, there was uneven growth and downside risks.

The government’s finances are in a tough position due to rising international interest rates, among others.

“The fiscal space has been eroded by growing debt, but we seek to stabilise this growth. The paramount concern is saving,” Nene said.

The minister added: “Government is working hard to improve business conditions, not only on the supply side but also on policy alignment and policy certainty. Partnership with business in public service delivery can have more efficient results than departments working in isolation.” – Wiseman Khuzwayo

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