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...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
Subscribe now to unlock this article.
Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).
There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.
Cancel anytime.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.