The economy has been slow to react to the formation of the GNU; faster reform progress is needed to turn improved confidence into fixed investment, growth and jobs
The economy has been slow to react to the formation of the GNU; faster reform progress is needed to turn improved confidence into fixed investment, growth and jobs
The economy has been slow to react to the formation of the GNU; faster reform progress is needed to turn improved confidence into fixed investment, growth and jobs
10 October 2024 – 05:01
by Claire Bisseker
Two key questions after the formation of the government of national unity (GNU) were whether its 32-person cabinet was fit for purpose and whether the business-friendly DA would be able to shift South Africa’s growth dial with just the six ministries it got.
Judging from the ongoing market relief rally, with the rand now consolidating at just below R17.50/$ and the JSE shooting the lights out, the investor community is happy with the GNU’s performance…
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