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The sun will rise after the May 29 election, an ANC/EFF coalition is highly unlikely, and there are real signs that some of President Cyril Ramaphosa’s reforms are beginning to find traction, economist and analyst Peter Attard Montalto tells Peter Bruce in this edition of Podcasts From the Edge.
But a big problem on both sides of the election is the continuing failure of industrial policy to even begin to reindustrialise the economy, Attard Montalto says, repeating the description of ANC industrial policy he used in his Business Day column on Monday. It is, he says, “a smouldering radioactive waste pile”.
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