Government of national unity: ‘SA heads for stormy waters’

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Concerns linger in markets as ANC proposes unity government. Analysts stress need for shared policy vision to navigate uncertain terrain.

ANC President Cyril Ramaphosa announces that the ANC will seek a “unity” govenment with the EFF, IFP, DA, NFP and PA parties at a special executive committee meeting on June 6, 2024, Picture: Per-Anders Pettersson/Getty Images)

And political analysts maintained that unless there was overall buy-in by parties on key policy imperatives, the road ahead could be rocky.said the top brass has opted for a GNU model after losing an outright majority in the in the 2024Calling on political parties to forge a common future for the country, Ramaphosa urged “speed to safeguard national unity, peace, stability, inclusive economic growth, non-racialism and non-sexism”.

“For now, however, the highly precautionary stance of many economic stakeholders is that SA inevitably remains navigating poorly charted waters and avoiding rocks of uncertainty.”The ANC, he said, remained the biggest party “providing a clear opportunity for continuity with new partners in a shared political space such as a GNU”.

“Several parties which previously supported the NDP are involved in current negotiations. The NDP could offer shared values, help finding common ground and areas of policy compromise.”Work programme and people driving it was important

 

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