Page 2 - KZN Business Sense - Vol.6 No.1
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CHAMBER COMMENT ON SONA




        Comment by the president of the Durban   hold a significant position in South   will provide relief to businesses,   Cyril Ramaphosa, Minister of
        Chamber of Commerce and Industry, Mr   Africa’s economy, playing a leading   especially those that are dependent   Trade and Industry, Ebrahim Patel,
        Nigel Ward, on the President’s 2020 State of   role in several crucial sectors such   on energy for their operations. The
        the Nation Address                                                                        and other cabinet ministers, in
                                      as utilities (electricity and water),   business community anxiously   which organised business expressed
             he Durban Chamber of     transport (air, rail, freight, and   awaits government’s timeline   their frustration regarding the   KWAZULU-NATAL BUSINESS
             Commerce and Industry    pipelines) and telecommunications   for the implementation of the   inefficiencies, ineffectiveness and   CHAMBERS COUNCIL :
        Twelcomes the opportunity     However, despite being vital to   promised initiatives and plans,   congestion at Durban’s Port which   Chairperson: Judith Nzimande
        to comment on His Excellency,   our national socio-economic   including proposals on how   are costing KwaZulu-Natal billions
        Matamela Cyril Ramaphosa,     agenda, South Africa’s SOEs are in   organised business can support the   of rand in revenue. We are pleased   Secretariat: Lihle Msweli
        President of the Republic of South   a state of financial and operational   government to action these plans.  that the President has committed to   T: +27 (0)35 797 1807
        Africa’s 2020 State of the Nation   collapse, suffering from chronic    South African Airways  undertake a “fundamental overhaul   M: +27 (0)83 571 0486
        Address.                      mismanagement, plagued by on-                               of the Durban port – the third-  Address: ZCBF Community Park,
                                      going corruption and characterised   The Durban Chamber is deeply   largest container terminal in the
         Disruptive start to SONA     by a complete lack of adherence   concerned about the financial   Southern Hemisphere – to reduce   Gate 5, Business Community
                                                                                                                                Building 1st Floor, Guldengracht
          South Africa is facing severe   to effective governance and   health of SAA, and by the fact that   delays and costs”. The Durban   Street, Richards Bay, KwaZulu-
                                                                    the President did not announce
        socio-economic challenges and   compliance frameworks. This is   any concrete action plans related   Chamber has been having robust
        constrained growth. Strong and   severely impacting the country’s   to the beleaguered national carrier.   engagements with Transnet to find   Natal, South Africa
        decisive leadership is required   economy and investment profile   The eThekwini and KwaZulu-  solutions that ensure that we have a   Email: LMsweli@kbcc.co.za
        to set a tone that will help to   as well as negatively affecting our   Natal business community’s   fully functional Port of Durban.  Website: www.kznchamber.co.za
        reverse this trend. The disruptive   country’s growth and development   primary concern is the recent
        start to the State of the Nation,   prospects. Our failing SOEs are the   announcement by SAA that it will    However, as representatives of   acknowledges the President’s
        given the context, significance   leading cause of the constrained   be decommissioning all national   organised business, the Durban   efforts to tackle the issue of
        and stature of the address, could   growth that South Africa has   routes except Johannesburg to   Chamber wants to know the   corruption and for introducing
        negatively impact business and   experienced over the past five   Cape Town. The cancellation of   actual implementation strategies   performance management
        investor confidence and sentiment   years. The government needs to   domestic flights to Durban will   and timetables for government’s   principles, processes and
        regarding South Africa and our   end the repeated bailouts of SOEs   have severe and direct operational   plans and initiatives.  In order to   procedures into government.
        economy. As organised business,   and government guarantees that   impact on businesses across   create a more stable and conducive   However, what is missing, in
        we are appealing to the government  are a drain on the economy and   numerous industry sectors. It   environment for inclusive and   the case of corruption and state
        and our elected representatives to   society as a whole, with taxpayers   will also negatively impact the   sustainable economic growth and
        be mindful of this, as the country   (organised business and ordinary   economic growth and development   development, investors, organised   capture, is clarity on the remedial
        needs to bolster business and   citizens) bearing the brunt of the   of the province as a whole. KZN   business and stakeholders require   action and punitive consequences.
        investor confidence and sentiment.  effects.                has a thriving tourism sector,   details and specifics. As the adage   So far, despite the abundance
                                                                                                                                of evidence, no-one has been
           In his address, President    Eskom                       and this decision will negatively   goes, the “devil is in the details”,   charged, tried and compelled
        Ramaphosa touched on many                                   impact our entire tourism value   and all stakeholders need to   to face the consequences of
        promising and inspirational plans   The Durban Chamber believes   chain leading to loss of revenue and   understand their roles as well as   corruption. Corruption and state
        and initiatives aimed at addressing   there is an urgent need to reform   job losses. The Durban Chamber   the priorities, deadlines and tasks   capture are a serious economic
        many of South Africa’s socio-  and diversify South Africa’s energy   believes that this decision needs to   involved. No real information was   crime in South Africa that
        economic challenges, focusing on   sector. We are pleased by President   be reviewed as a matter of urgency   communicated about recovery   significantly exacerbates our
        youth development and addressing   Ramaphosa’s announcement that   and that the government needs   plans and actions for other failing   socio-economic challenges. Until
        climate change as well as land   government will action crucial   to communicate a clear plan with   SOEs such as Transnet, Passenger   the criminals involved in state
        reform.  The Durban Chamber will   legislation that will enable the   timelines about the next steps for   Rail Agency of South Africa, South   capture and corruption suffer
        focus on the main talking points   development of additional grid   SAA. A public-private partnership   African Broadcasting Corporation,
        for organised business; namely,   capacity from renewable energy   may be the most viable route to   Denel, PetroSA and South African   severe consequences for their acts
        state-owned enterprises and   and that municipalities in good   rescuing the ailing airline.  Post Office.              of economic sabotage, then there
        corruption.                   financial standing will be allowed                                                        will be no real change in the status
                                      to procure their own power from    Transnet and the Port of Durban  Corruption and Non-   quo. 
         State-Owned Enterprises      independent power producers. The   In 2019, the Durban Chamber had  Performance
          State-owned enterprises (SOEs)   Durban Chamber believes that this   an interactive session with President   The Durban Chamber   www.durbanchamber.co.za



        GRADUATES


        NETWORKING EVENING



              he Minara Chamber of    contact the Minara Chamber
              Commerce Graduates      should they need support and
        Tnetworking evening was       guidance and were invited to
        recently held in partnership   participate in the activities of the
        with Standard Bank Kingsmead.   Minara Youth wing to network
        The event offered new graduates   and build their careers. 
        a platform to network and to
        gain advice on planning their   www.minara.org.za
        new journey. Each attendee was
        presented with a certificate of
        attendance by Minara Chamber
        President Mr Solly Suleman
        who wished every graduate
        all the best in their future. All                           L- R: Lumka Mgilane, Vanessa Govender, Solly Suleman, Zain Mitha, Hameed   Mr Solly Suleman presented certificates
        graduates were encouraged to                                Noormahomed, and  Muhammad Suleman                          of attendance to each graduate.


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