I wish to assure Honourable Members that we are determined to implement the steps we have committed ourselves to‚ in order to alleviate the most binding constraints to growth.
Some of the steps we have committed to are the following:
-Continued investment in infrastructure. -Improving the management and governance of the State Owned Companies that are facing difficulties through appointing the right people with the appropriate skills and also through the implementation of the Presidential Review Committee on State Owned Enterprises.
-Through expanding the energy mix and especially the independent power producer programme which has proven to be a successful partnership with business. -Encouraging affordable‚ reliable and accessible broadband access. -Promoting black ownership of productive industrial assets‚ for example our black industrialists programme. -Finalising amendments to the Mineral and Petroleum Resources Development Act to end uncertainty in the mining sector. -Enhancing business incentive programmes in all economic sectors to ensure that resources support labour-intensive‚ job creating outcomes. and -Promoting new sectors such as the oceans economy.
