What a GNU means for the economy
The ANC’s decision to form a government of national unity with law-abiding constitutionalists still leaves future economic policy unclear and, depending on whether populist parties join, could represent a lost opportunity to put growth first
13 June 2024 - 05:02
While it is clear that the ANC, with 40% of the national vote, will dominate the next government, it does not necessarily follow that economic policy continuity is guaranteed — something that was the consensus expectation before the election.
It remains to be seen whether parties with opposing ideologies will, first, be willing to work together in a government of national unity, or GNU (the EFF has said it will not work with the DA). Second, if they do, it’s unclear whether they would be capable of effective delivery...
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