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
Major William Kentridge retrospective to open in Cape Town in August

Major William Kentridge retrospective to open in Cape Town in August

Parallel exhibits at Zeitz MoCAA and the Norval Foundation will reflect 4 decades of the internationally acclaimed artist's work.

Visa waivers a 'welcome boost' for tourism and trade

Visa waivers a 'welcome boost' for tourism and trade

Wesgro's Tim Harris on spin-offs for South Africa and counteracting possible effect of army deployment on CT visitor numbers.

eSIMS - Do we need them and how do they work?

eSIMS - Do we need them and how do they work?

MyBroadband's Jan Vermeulen on the prospect of MTN, Vodacom and Rain's plans to accommodate eSIMs by 2020.

Rating the 2019 Ford Everest: 'This is where luxury meets ruggedness'

Rating the 2019 Ford Everest: 'This is where luxury meets ruggedness'

Motoring journalist Naresh Maharaj gives the new Ford SUV a test drive on some of Botswana's most demanding terrain.

W Cape SANDF deployment - Crime deterrent or a case of 'hell might break loose'?

W Cape SANDF deployment - Crime deterrent or a case of 'hell might break loose'?

Nyanga CPF welcomes army presence while SU's Ntsikelelo Breakfast warns officers' military training could backfire.

Feed 'A Fish named Faithful' during Plastic Free July

Feed 'A Fish named Faithful' during Plastic Free July

Katrien Grobler explains how the giant fish trash bin is raising awareness of the impact of plastic waste on marine life.

Popular articles
[2018] Jesse Clegg (son of Johnny) opens ups about money and growing up on tour

[2018] Jesse Clegg (son of Johnny) opens ups about money and growing up on tour

[From the archives] Jesse Clegg talks about his famous father and attitude to money (hopes and fears, successes and failures...).

Johnny Clegg was a gift from God - Sipho Mchunu

Johnny Clegg was a gift from God - Sipho Mchunu

Juluka co-founder pays tribute to the music legend, along with Yvonne Chaka Chaka and veteran broadcaster Bhodloza Nzimande.

Zondo Commission: 'Zuma under increasing pressure'

Zondo Commission: 'Zuma under increasing pressure'

News24 assistant news editor Pieter du Toit says the former president lost the initiative on Day 2 of his testimony.

[WATCH] Mzansi's Ndlovu Youth Choir headed for AGT's live shows!

[WATCH] Mzansi's Ndlovu Youth Choir headed for AGT's live shows!

The choir that is stealing America's hearts is headed to the next round of America's Got Talent.

Investigators find serious corruption at EOH

Investigators find serious corruption at EOH

A probe found "suspicious transactions" worth R1.2bn, bribery and theft. Bruce Whitfield interviews EOH CEO Stephen Van Coller.

3 best JSE and offshore shares to buy, right now (by Anchor Capital)

3 best JSE and offshore shares to buy, right now (by Anchor Capital)

The Money Show’s Bruce Whitfield asks Henry Biddlecombe (an analyst at Anchor Capital) for his stock picks of the week.

'I should have told the Sunday Times the pot smoking was irrelevant'

'I should have told the Sunday Times the pot smoking was irrelevant'

Investigative journalist Jacques Pauw says he's sorry for any harm caused in his article on Mkhwebane and her principal witness.

[WATCH] Over 50 artists record special version of Johnny Clegg’s  “The Crossing”

[WATCH] Over 50 artists record special version of Johnny Clegg’s “The Crossing”

For this week's #GoodNewsThursdays, we find out the inspiration behind the production.