Standard Bank’s Lungisa Fuzile shares his views on Ramaphosa's reform agenda
Standard Bank CEO, Lungisa Fuzile shares his insights into President Ramaphosa's reform drive with CNBC Africa’s Godfrey Mutizwa.
Wed, 03 Mar 2021 11:39:56 GMT
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AI Generated Summary
- The abundance of good ideas in South Africa for economic reform
- The importance of diligent execution and partnership in implementing growth strategies
- The potential for South Africa to succeed by addressing key sectors like energy and fostering collaboration between government and private sector
Standard Bank's CEO, Lungisa Fuzile, recently shared his insights on President Ramaphosa's reform drive with CNBC Africa's Godfrey Mutizwa. Fuzile, a former director general of the national treasury in South Africa, reflected on the progress made towards implementing crucial reforms to stimulate economic growth in the country. He acknowledged the plethora of good ideas that have been proposed over the years to kickstart the economy but emphasized the need for diligent execution to turn these ideas into reality. Fuzile highlighted the importance of a collaborative effort between the government, private sector, and other stakeholders to achieve successful implementation of growth strategies. He pointed out the significance of addressing key sectors such as energy to boost economic growth and create opportunities for job creation. By emphasizing execution and fostering partnerships, Fuzile believes that South Africa has the potential to overcome its challenges and emerge as a major success.