OBEJECTIVE 4: ENSURING THAT CORPORATIONS TREAT ALL THEIR STAKEHOLDERS (SHAREHOLDERS, EMPLOYEES, COMMUNITIES, SUPPLIERS AND CONSUMERS) IN A FAIR AND JUST MANNER Expected output Required Action as specified in PoA Time frame Progress Consumer and shareholder activism strengthened Consumer education campaign 2009 The Consumer and Protection Act, Act 68 of 2008 was enacted into law in April 2009. The Act promotes a fair, accessible and sustainable marketplace for consumer products and services. The primary purpose of the Act is to prevent exploitation or harm to consumers and to promote their social wellbeing. The strict implementation of the National Credit Act was key in cushioning consumers from the negative impact of the global economic recession THEMATIC AREA Remarks SOCIO-ECONOMIC DEVELOPMENT OBJECTIVE 2: ACCELERATE SOCIO-ECONOMIC DEVELOPMENT TO ACHIEVE SUSTAINABLE DEVELOPMENT AND POVERTY ERADICATION OBJECTIVE 3: STRENGTHEN POLICIES, DELIVERY MECHANISMS AND OUTCOMES IN KEY SOCIAL AREAS INCLUDING EDUCATION AND COMBATING OF HIV AND AIDS AND OTHER COMMUNICABLE DISEASES OBJECTIVE 2: ACCELERATE SOCIO-ECONOMIC DEVELOPMENT TO ACHIEVE SUSTAINABLE DEVELOPMENT AND POVERTY ERADICATION Expected output Required Action as specified in PoA Time frame Progress Remarks Land reform implementation contributes to sustainable rural livelihoods Rapid implementation of land redistribution, restitution and tenure reform projects Ongoing The creation of the Department of Land Reform and Rural Development is a major step forward in addressing the issue land redistribution and restitution. The Expropriation Bill if promulgated into law will give further impetus to government’s efforts to accelerate land reform. 80