What plans do our political parties have to restore our economy?

Have you decided which political party you will be voting for come general elections in May? Or maybe you are not sure if there is even a reason to vote?

Approaching elections, we will be talking to experts in different areas such as economic policy, land redistribution, crime and community safety and the most burning topics for this elections season. We will be looking at how the three influential political parties in South Africa plan to fix some of the biggest problems which we face as a country.

Speaking to Africa on the Weekend Breakfast, professor Jannie Rossouw who is the Head at of School of Economic and Business Sciences at Wits said, it is not easy to distinguish which political party has the best manifesto as the Democratic Alliance is currently in crisis and we do not know what they stand for. Professor Rossouw said the party is inherently split between Helen Zille and Mmusi Maimane's camp, and until such time this inherent dispute is resolved, we will not know what the party stands for.

In the past few years, the African National Congress has moved in the direction of the Economic Freedom Fighters. It seems that in the ANC since 2014 realised that there is growth in the space that the EFF is serving and that is why it moved many of its positions in that direction, like supporting expropriation of land without compensation and the nationalisation of the South African Reserve Bank.

Prof Jannie Rossouw - Head of School of Economic and Business Sciences at Wits

The economy grew by 2,2% in the third quarter of 2018 according to Stats SA. This brings to an end the country’s second recession since 1994. Higher contributions to growth in a number of industries –most notably in manufacturing, transport as well as finance and business services – were enough to lift economic growth back into positive territory.

Click below to listen to the full interview:


This article first appeared on CapeTalk : What plans do our political parties have to restore our economy?


Recommended

by NEWSROOM AI
Read More
Don't fall into an IMF debt trap Tito Mboweni! - political commentator

Don't fall into an IMF debt trap Tito Mboweni! - political commentator

Oscar van Heerden on the reasons he believes South Africa should not turn to the IMF for a general loan amid Covid-19 crisis.

'No amount of provocation by community should result in law enforcement abuse'

'No amount of provocation by community should result in law enforcement abuse'

Reverend Chris Nissen says more civil society monitoring is needed to keep the volatile lockdown situation in check.

At least seven WC schools vandalised, burgled during lockdown so far

At least seven WC schools vandalised, burgled during lockdown so far

WCED spokesperson Bronagh Hammond urges communities to be on the lookout as much as they can within shutdown regulations.

Is it even possible to lock down townships and informal settlements, asks Prof

Is it even possible to lock down townships and informal settlements, asks Prof

Professor Alex Broadbent (UJ) on his argument that a one-size-fits-all approach to Covid-19 could have lethal consequences.

'CT needs neighbourhood watches authorised to help enforce lockdown compliance'

'CT needs neighbourhood watches authorised to help enforce lockdown compliance'

JP Smith says Capetonians were largely cooperative on Day One of lockdown, but there were pockets of 'massive' non-compliance.

'SANDF organising to fetch masks in China for SA medical personnel'

'SANDF organising to fetch masks in China for SA medical personnel'

Sama chair Dr Angelique Coetzee expands on the crisis facing hospitals and clinics because of a shortage of protective gear.

Popular articles
Number of COVID-19 cases reach 1,749 and SA has has 13 deaths confirmed

Number of COVID-19 cases reach 1,749 and SA has has 13 deaths confirmed

Health Minister Dr Zweli Mkhize also thanked the Motsepe Foundation on behalf of government and unions for donating equipment.

[LISTEN] Centre for the Less Good Idea keeps the arts alive during lockdown

[LISTEN] Centre for the Less Good Idea keeps the arts alive during lockdown

The centre is an interdisciplinary incubator space for the arts based in Maboneng, Johannesburg.

[WATCH] LeadSA applauds frontline heroes running with the baton

[WATCH] LeadSA applauds frontline heroes running with the baton

LeadSA applauds everyday heroes standing in the frontlines making a difference in communities.

Ramaphosa summons Ndabeni-Abrahams for breaking lockdown rules

Ramaphosa summons Ndabeni-Abrahams for breaking lockdown rules

A picture emerged on social media of the minister having lunch with former Member of Parliament Mduduzi Manana despite the national lockdown.

Informal traders confused about lockdown regulations

Informal traders confused about lockdown regulations

City of Cape Town says the process of issuing permits to informal food traders only applies to those selling uncooked foods.

[LOCKDOWN] Alcohol and cigarette ban costing SA billions - Justice Project SA

[LOCKDOWN] Alcohol and cigarette ban costing SA billions - Justice Project SA

Chairperson Howard Dembovsky says for both we are losing about R135-million per day in levies and revenues.

Protective gear: 'There's trust breakdown between government and public sector'

Protective gear: 'There's trust breakdown between government and public sector'

Nehawu has filed urgent court papers against the Department of Health for failure to protect workers during COVID-19 outbreak.

Scopa chairperson warns government against corruption during COVID-19

Scopa chairperson warns government against corruption during COVID-19

Mkhuleko Hlengwa has expressed his concerns about the potential corrupt activities that may occur amidst the coronavirus.

East London prison officials awaiting COVID-19 results in self-isolation

East London prison officials awaiting COVID-19 results in self-isolation

Correctional Services spokesperson Singabakho Nxumalo says a female official tested positive after attending a funeral.

What needs to be achieved for the national lockdown to be lifted?

What needs to be achieved for the national lockdown to be lifted?

NICD's professor Cheryl Cohen says there will be a need for some kind of social distancing measures to be put in place.