ANC proposes radical policy shift to work with private sector
Party says in policy documents that it will provide political muscle for agreed-on projects
The ANC is proposing greater private sector involvement in the economy, a radical policy shift for an organisation that has long been in favour of state-led growth and possibly a reflection of the government’s constrained finances to lift growth.
In a discussion document on economic policy, obtained by Business Day ahead of the party’s policy conference later in 2022, the ANC outlined a range of interventions that broadly propose that private sector companies buy stakes in state-owned enterprises (SOEs), play a bigger role in infrastructure funding and help solve the country’s energy crisis...
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