President Cyril Ramaphosa says South Africas economy continues to be held back by structural and regulatory inefficiencies.
He says the country must grow faster to create necessary employment and needs to achieve prosperity.
Ramaphosa says Finance Minister Enoch Godongwanas national budget will address these pertinent issues when he delivers it later this month.
Ramaphosa was speaking at the Union Buildings in Pretoria yesterday, where he launched phase II of Operation Vulindlela .
Minister will deliver Budget 3.0 on the 21st, and the budget will, to a large extent, be a different budget from what we have had in past years. Its a budget that is going to make us look forward.