At the 25 Years of Democracy conference, President Cyril Ramaphosa stated that his government “is not afraid of new ideas and of new ways of thinking. We want to work with you, and for you to challenge us, to bring added rigour to the work of government.” 

Yet the latest state of the nation address and the reappointment of the Reserve Bank governor indicate that the government intends to continue to pursue the current economic policy to achieve the National Development Plan (NDP) targets of doubling the size of the economy, reducing the unemployment rate to a single digit and eradicating poverty by 2030.

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, ProfileData financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.

Questions or problems? Email or call 0860 52 52 00. Got a subscription voucher? Redeem it now