The economy is shrinking, powercuts are at a record, unemployment is close to an all-time high, livingcosts have surged, towns are falling apart ... a headache for CyrilRamaphosa heading into governing-party elections in December. Moneyweb Politics
The economy is shrinking, power cuts are at a record, unemployment is close to an all-time high, living costs have surged, towns are falling apart and there are sporadic outbreaks of xenophobic violence. The laundry list of challenges confronting South Africa is a massive headache for Cyril Ramaphosa heading into governing-party elections in December and a national vote in 2024.
“We have attracted people who want to come into the ranks of the ANC and know nothing about the policies of the ANC” and are intent on stealing public resources, Mbeki said in an October 22 address. Despite all his travails, Ramaphosa remains the front-runner in the ANC’s leadership race after securing the backing of its top officials in several of the nine provinces. A clearer picture of his support will emerge in the coming weeks, as the party’s branches finalise their nominations.
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