BONANG MOHALE: Economic growth should be the zeitgeist of Ramaphosa’s Sona
Among the many requirements, the president must swiftly settle anxieties in international markets over the independence and mandate of the SA Reserve Bank following contradictory statements from his party
The main feature of the SA political and socio-economic landscape since the end of the Zuma administration has been President Cyril Ramaphosa’s campaign to revitalise the economy. This campaign has, of course, been linked to parallel efforts by business, and partly co-operative and partly conflictual attempts by the government to clean up and reconfigure the state in ways that are favourable to the inclusive socio-economic growth agenda.
When Ramaphosa addresses the nation in his second state of the nation address (Sona) this week, all eyes will be on whether he puts paid to standing commitments to go through the gears and deepen the shift towards investment and growth, or whether he will opt to idle forth, tinkering around the edges of an unsustainable growth trajectory.