An Economic Agenda for South Africa’s Next Government
Since the 2008-2009 recession ended a period of strong gains in investment, employment, and revenue, South Africa's economy has stagnated, held back by leadership failures and plummeting confidence. So what must the next government do to restore growth and ensure social progress in Africa’s lagging economic powerhouse?
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CAPE TOWN – Almost two decades after Nelson Mandela was thwarted in his efforts to name Cyril Ramaphosa as his successor, African National Congress party members have now elected him as their leader. Of course, Ramaphosa is not yet president of South Africa. But expectations are already high that economic policy will take a new direction under his guidance. So what will a Ramaphosa presidency have to do to restore growth and ensure social progress in Africa’s lagging economic powerhouse?