South African President Cyril Ramaphosa said the country’s next administration must sustain policy reforms aimed at accelerating economic growth, as key political parties meet to discuss helping form a new government.
Modeling by the National Treasury has shown that the successful implementation of reforms, including those aimed at improving energy supply and the operation of ports and railways, would raise the economic growth rate to 3% over 10 years, the president said. Ramaphosa’s African National Congress last week invited political parties to join a broad alliance to form the next administration — a so-called government of national unity — after elections on May 29 failed to produce an outright winner.
The DA’s top decision-making body will meet in Johannesburg on Monday after holding formal talks with the ANC at the weekend. The party will discuss “feedback from our negotiating team,” DA spokesman Solly Mahlatsi said by text message.Roelf Meyer hails GNU plan for South AfricaWhile an ANC-DA tie-up has drawn opposition from some members of the former ruling party, the duo are aligned on ramping up structural reforms as a means to reviving economic growth.