
DAY 4 of World Economic Forum:
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GUEST – Nishlan Samugh, Investec Group Finance Director
The private sector remains a key partner in economic growth and the state is committed to improving the business climate for both local and international companies operating in the country.
Initiatives under way include reducing data costs and improving broadband access; making tax compliance easier; reducing the timeframes for issuing licences in key areas of opportunity such as mining, water and the environment; unlocking potential in upstream oil and gas; cutting red tape, and dealing decisively with crime and corruption.
South Africa will also again raise its voice in pursuit of the reform of global multilateral institutions to include a push for the greater participation of countries of the Global South in terms of access to finance, supply chains, trade and investment opportunities.
The private sector remains a key partner in economic growth and the state is committed to improving the business climate for both local and international companies operating in the country.
Initiatives under way include reducing data costs and improving broadband access; making tax compliance easier; reducing the timeframes for issuing licences in key areas of opportunity such as mining, water and the environment; unlocking potential in upstream oil and gas; cutting red tape, and dealing decisively with crime and corruption.
South Africa will also again raise its voice in pursuit of the reform of global multilateral institutions to include a push for the greater participation of countries of the Global South in terms of access to finance, supply chains, trade and investment opportunities.

