FINANCIAL SECTOR SUMMIT
13 August 2002
The National Economic Development and Labour Council will host a
Financial Sector Summit on 20 August 2002.
The summit will aim to finalise agreements between the Nedlac
parties of Government, Business, Labour and Community, on a number
of issues that have been discussed at Nedlac over the past 18
months. These include:
- Co-operative banks and non-profit micro-lenders
- Credit bureaus
- Discrimination and lifeline services
- The regulatory framework and state-owned institutions
- Lending to SMMEs
- Capital markets and savings
The summit will bring together 200 people from the Nedlac
constituencies and other organisations.
Preceding the summit, on 19 August, will be a day of commissions
on the agreements, to explain the draft agreements that have been
drawn up by the task team to a wider grouping of the Nedlac
constituencies, to discuss implementation and additional work
required. The commissions will build on the work of the Public
Finance and Monetary Policy Chamber task team on the transformation
of the financial sector.
The summit itself will consist of inputs from keynote speakers
from Government, Community, Labour and Business. It will be chaired
by Nedlac Executive Director, Phillip Dexter. There will be
report-backs from the Commissions, and, if consensus is reached,
the agreements will be signed.
The Summit will take place at the CSIR Conference Centre in
Lyttleton, Pretoria, and the media is invited to attend. There will
be a media conference at the end of the Summit at 15h30 on 20
August 2002.
Contact: Jennifer Wilson on 011 328 4211/ 083 652 8524