Africa

Details

  • Industry: BRICS
  • Type: Press release
  • Date: 3/25/2013

South Africa's National Development Plan (NDP) - A compelling blueprint for the future 

It is widely acknowledged that the NDP, as powerful a document as it is, currently best describes an intent without a clear plan yet that is practically capable of timely implementation.
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Key points:

 

South Africa has already shown the world unprecedented leadership and common purpose in achieving a political democracy – constructively and peacefully. There is now the opportunity – and pressure – to achieve a truly functional and sustainable economic and therefore ultimately social democracy.

 

As an association of emerging national economies, the BRICS countries are uniquely globally positioned by their large, fast-growing economies. Through this, each has a significant influence and effect on regional and global affairs. This is even more apparent in the case of South Africa (referred to by the ‘S’ in the BRICS) where the representation is de facto more about an Africa-wide perspective than simply South Africa as a single nation. As such, it goes without saying how important it is to the success of the BRICS and Africa that South Africa continues to succeed. The NDP, as the agreed anchor mechanism to achieve South Africa’s Vision 2030, is absolutely central to this.

Of course, the political perspective is only part of the story. The economic realities are even more compelling – i.e, the desire to have a prosperous nation, with equality – and to get there, the business investment opportunities are practically endless. Therefore, while the NDP is very much South African-focused, it should be useful and of interest to other countries wanting to do business with (or through) South Africa. It talks very much to where we’re going as a nation and invites a number of areas for potential collaboration / co-operation.

 

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Contact

Contact
Tshidi Mokgabudi 
Member of the National Executive Committee
Head: Clients and Sectors
Tel: +27 11 647 7075
tshidi.mokgabudi@kpmg.co.za
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Moses Kgosana
Chief Executive
KPMG in South Africa
Tel: +27 11 647 8012
askmoses@kpmg.co.za