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Highlights – Board Meeting of 18 July 2018
Following a presentation by the Chairperson of CODE and Management, Board members commended Management for taking into accounts the comments and recommendations made during CODE discussions. The Board approved the choice of the two pillars, namely, promoting industrialization and deepening regional integration. In addition, the Board invited Management to ensure that the Bank closely and robustly supports the country in its reform of state-owned enterprises and particularly in stabilizing the situation of ESKOM which is currently undergoing a complete restructuring. In addition, Board members invited Management to prioritize projects in the renewable energy sector. At the end of its deliberations, the Board approved the South Africa Country Strategy Paper 2018-2022.