Economy in the spotlight but politics may hobble ANC manifesto launch
The economy is set to take centre stage in the ANC’s election manifesto to be outlined by President Cyril Ramaphosa on Saturday, through tackling the “growth inhibiting structure” of the economy and would also include an industrial strategy. Speaking at a gala dinner on Friday night, Ramaphosa said the manifesto was a “bold plan” to address poverty, unemployment and inequality, informed by both the Freedom Charter and the National Development Plan. The governing party’s manifesto will be keenly watched for its capacity to turnaround the ailing economy, marked by persistently low growth and stubbornly high unemployment levels. The 2019 poll is set to be the toughest yet for the party whose dominance in the electoral space has been on the decline since 2009, with its national share of the vote dropping to an all time low of 56% in the 2016 local government election. Ramaphosa on Friday night said the ANC had “lost its way”, with factionalism, corruption and patronage “betrayed the pri...
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