With petrol prices set to drop for the 5th consecutive time in 2024, political analyst Kedibone Phago has attributed the country’s economic gains to the GNU.
JOHANNESBURG - As this weekend marks 100 days since the formation of the Government of National Unity , some political analysts believe the GNU has stabilised and enhanced governance.
The African National Congress 's poor performance in the 29 May elections compelled it to form a multi-party government, incorporating some of its biggest rivals. "The economy is coming seemingly very well, and I think this is a demonstration of the market confidence in the manner in which the Government of National Unity has conducted itself, and maintained stability and decorum in the way the Cabinet has functioned."
Another political analyst, Sanusha Naidu, agreed that the GNU is seemingly attracting investors to the country. "I think there’s still a level of positivity within the GNU, but you can get the sense that it is becoming more of a bigger sell to investors, as we saw Ramaphosa in the US meeting with various investors and of course the meeting with Elon Musk and trying to get investors to invest in what’s going to be part of the economic reconstruction and recovery programme."
Ewn News News Eyewitness News Eye Witness News Latest News News Today Ewn South Africa Ewn-News Primedia+ Primedia Plus Prime Media Plus
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'The SABC did not coin the term GNU': State broadcaster hits back at MK Party, Zuma'The SABC did not coin the term GNU': State broadcaster hits back at MK Party, Zuma
Read more »
Harmony Gold chief sees offshoots of stability under GNUSteenkamp also attributed this to the engagements of the Minerals Council and business representative groupings with the government to solve some of the logistical hurdles constraining South Africa’s mining production and exports.
Read more »
Springboks blackout: COSATU disappointed in GNU for failed broadcastThe Congress of South African Trade Unions (COSATU) expressed disappointment in the Government of National Unity (GNU) for its failure to show the match between the Springboks and the All Blacks on a public broadcaster.
Read more »
GNU would do well to continue to engage labour, business at NedlacIf used wisely, Nedlac can not only help the Ramaphosa administration achieve its goals, but also improve the working conditions and lives of workers and their families.
Read more »
Ramaphosa chuffed after Beijing trip, insists GNU doesn’t dilute One China policyPresident Cyril Ramaphosa said he has assured Xi Jinping, who leads one of the most strategic partners of South Africa, that Pretoria will continue to adhere to the ‘One-China Policy’, which recognises Taiwan and other regions as inalienable territories of China.
Read more »
Baptism of fire: Chief Justice Mandisa Maya's ‘GNU-look’ JSC could define her legacyKaryn Maughan | Baptism of fire: Chief Justice Mandisa Maya's ‘GNU-look’ JSC could define her legacy
Read more »