Michael Jordaan’s cheat sheet to fix the economy

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 The areas that will yield the quickest results, according to the founder of Bank Zero and chair of Rain Mobile:

  • Auctioning 4G spectrum by fast-tracking the long-overdue digital migration, which will ensure data costs can fall;
  • Signing the solar independent power producer (IPP) deals that have already been approved, to stabilise the power supply. Another round of IPP tenders should be initiated too;
  • Identifying vacant or underutilised government land and rezoning it for big housing projects;
  • Giving ownership rights to people living on tribal lands;
  • Abolishing the remnants of exchange control, to show foreign investors there is confidence in the economy;
  • Simplifying BEE codes, but including job creation as a priority category; and
  • Providing funding for the National Prosecuting Authority to prosecute crime and corruption.

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