Top read this week | Ramaphosa’s top post-election priorities if the ANC wins
As South Africans await the election results after flocking to the polls today, here are what economists think President Cyril Ramaphosa should do — and promptly — if the ANC comes out on top.At the top of Ramaphosa’s agenda will be his first big test: the make-up and size of the Cabinet which is likely to be announced in about two weeks.
“The individuals he chooses will say much about his reform ambitions and whether he is able to sideline his opponents,” Absa economist Miyelani Maluleke said. Earlier this year, Ramaphosa said Eskom would be remodeled and split into three entities dealing with generation, transmission and distribution
Momentum Investments economist Sanisha Packirisamy says, “Ramaphosa should accelerate plans on unbundling Eskom and improve financial and operating efficiencies at the state-owned enterprise to prevent electricity shortages from hindering shorter term growth prospects.” As economic growth threatens to stutter this year, dragged down further by load-shedding, Ramaphosa will need to focus on revitalising the economy.
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