Tracking SA’s transformation journey
Transformation – a contentious topic in South Africa, which, according to the World Bank, has the highest inequality rate in the world. In the last two decades, South Africa has tried to close this inequality gap with Black Economic Transformation and Gender policies for companies to level the play field. But questions remain on how effect such transformative policies have been. CNBC Africa is joined by Kershini Govender, Executive Head for Transformation & Strategy, Nedbank.
Mon, 24 Jul 2023 11:21:46 GMT
Disclaimer: The following content is generated automatically by a GPT AI and may not be accurate. To verify the details, please watch the video
AI Generated Summary
- Successes and failures of transformation efforts in South Africa over the past two decades
- Challenges hindering transformation progress, including corruption and structural deficits
- Strategies for enhancing transformation moving forward: collaboration, addressing structural issues, and improving policy implementation
Transformation has been a contentious and pressing topic in South Africa, a country with the highest inequality rate globally, according to the World Bank. Over the past two decades, South Africa has implemented Black Economic Transformation and Gender policies to bridge the inequality gap and level the playing field in the economic landscape. However, there are lingering questions about the effectiveness of these transformative policies. In a recent interview with CNBC Africa, Kershini Govender, the Executive Head for Transformation & Strategy at Nedbank, shed light on the successes, failures, and the way forward regarding transformation in South Africa. Govender highlighted that while there have been some achievements in the realm of transformation, challenges such as corruption, structural deficits, and high levels of inequality continue to hinder progress. She emphasized the importance of addressing these issues to advance transformation in the country.
Get this delivered to your inbox, and more info about about our products and services. By signing up for newsletters, you are agreeing to our Terms of Use and Privacy Policy.
