Parsons calls for greater trust between government, business

A COMPLETE lack of trust between the government and business is South Africa’s biggest hurdle in the quest to bridge the equality gap, economist Professor Raymond Parsons said yesterday.

Addressing the first of the Nelson Mandela Metropolitan University Business School’s Strategic Conversations series, Parsons echoed calls for business and the government to work together to buck the trend of increasing inequality.

In the face of rising unemployment, poverty and inequality, Parsons said to effectively deal with these, the country needed to seriously implement the National Development Plan (NDP).

However, the often hostile relationship between the government and business had been seen to hamper progress in the work towards achieving the NDP goals.

-Zandile Mbabela

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