Dialogue Issue 10 - 2018

SONA 16 FEBRUARY 2018 – SUMMARY OF KEY POINTS MADE BY PRESIDENT CYRIL RAMAPHOSA T ransformation • Support black industrialists – to build a new generation of black and women producers that can build enterprises of significant scale and capability. • Use competition policy to open markets to new black entrants. • Invest in the development of township and rural enterprises. I nfrastructure • Assemble team to speed up implementation of new projects, particularly water projects, health facilities and road maintenance. M ining • Intensify engagements will all stakeholders on the Mining Charter. • Finalise the MPRDA Amendment Bill by end of first quarter this year. • Stakeholder engagement to deal with mining fatalities. S mall business, co-ops, township enterprises • Honour 30% of procurement allocation to these enterprises • Invest in SME incubation • Welcome SME Fund initiative by corporate sector. L and and agriculture • Accelerate our land redistribution programme AND make more land available. • Expropriate land without compensation, our approach, considering food security, agricultural production and growth of the sector. THERE WILL BE A PROCESS OF CONSULTATION ON MODALITIES F ourth industrial revolution • Digital Industrial revolution commission to be established. • Allocation of spectrum to reduce barriers to entry. SONA & BUDGET 2018 NUMBER 10 2018