This is how the DA plans to help SA’s economy recover
The DA has tabled its plan for economic recovery, which includes privatising South African Airways (SAA), breaking up Eskom into two separate business and ending its monopoly by allowing cities to purchase power directly from independent power producers. Halting the march of policies that tamper with property rights, such as the expropriation of land without compensation, and ending talk of nationalising the SA Reserve Bank are also top priority for the official opposition, in its economic recovery plan. The DA announced the seven-point plan at a media briefing on Monday, after Statistics SA announced last week that the country had entered a recession, after a second quarter of negative growth.
DA leader Mmusi Maimane said the country had to shift its approach from state-led economic growth, the ANC’s approach, to creating conditions for the private sector to lead in growing the economy.