2019 CBE Annual Report

4 y Contacts Stationery Conta And so, 2019 saw the manoeuvring of a gaggle of political geese back into the pen of good governance. towards end 2019, we saw allocations of committed investments into impact development projects. Also, the identification of priority sectors such as manufacturing, tourism, agriculture and agro-processing, space economy and telecommunications. unfortunately, the slow pace of reform undermines business confidence – an essential ingredient to gradually build recovery of investment and consumption. Quite a formidable menu of reform. for every south african, clearly a collective mission. metaphorically, finance minister tito mboweni hit the nail on the head when introducing his 2020 mediumterm Budget Policy statement in Parliament with an aloe decorating his podium, saying, “… i brought a resilient Aloe ferox plant to the house ... this little aloe is emerging from a long winter. during that winter the ground became hard, the leaves fell from the trees and the air was bitterly cold” – to demonstrate that south Africa needed to plough the soil and plant seeds again, so that the economy could once more flourish. the uJ College of Business and Economics (CBE) has its work cut out as evidenced by the fourth Quarterly labour force survey published by statistics south africa. it was reported that south Africa ended 2019 with an unemployment rate of 29%. however, as in previous surveys, unemployment rates vary across education levels, clearly steering those with tertiary qualifications away from despair. the CBE contributes to reducing inequality by creating employment and economic opportunities, particularly for young people and women. our vision is clear: “the CBE develops critical thinkers and problem solvers who address business, economic and societal challenges”. implementation towards 2022 is monitored and evaluated against the uJ 2025 strategy and summarised in the CBE 2022 roadmap (table 1). the CBE 2019 annual Report reflects a counterdisruptive strategy built on the strengths of its school of Accounting, the Johannesburg Business school, the school of Consumer intelligence and information systems, the school of Economics, the school of Public management, governance and Public Policy, the school of tourism and hospitality and an agile academic governance force directed by thedeanery.

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