Elections 2019: the Goldilocks scenario for business
Most businesses and investors are hoping for a strong ANC majority, says Dirk Kotzé
Most businesses and investors are hoping for a strong ANC majority to make the hard decisions necessary to restore confidence in SA, according to a leading political commentator at a recent Investec for Intermediaries event. Talking to Investec Focus Radio in a podcast hosted by Investec for Intermediaries, Dirk Kotzé, a professor in political sciences at the University of South Africa, said: “I think most people want to see a strong ANC with a clear majority, so they don’t have to work with coalitions. There should not be any questions about who’s the government, who’s the decision maker and who are the policymakers.” Listen to the podcast | The Goldilocks scenario of business
Kotzé says this will give the go-ahead for the ANC to start to implement its policies and take difficult but necessary decisions about fiscal policy, state-owned enterprises (specifically Eskom) and land ownership. On the latter issue, Kotzé says the ANC will need to move quickly after the elections to ...
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