Partners in South Africa’s Government of National Unity (GNU) have rejected President Cyril Ramaphosa’s ten-point economic plan, accusing him of recycling failed policies. On Monday, Ramaphosa presented his plan, which he claimed would boost economic growth and create jobs. Among his proposed measures were preferential electricity tariffs for industries such as ferrochrome, manganese, and steel, as well as a plan to expand the electricity grid by 14,500 kilometers of new transmission lines. He also proposed accelerating the recovery of the freight and logistics sector through private sector involvement and upgrades to export corridors.
The Democratic Alliance (DA), the ANC’s main partner in the GNU, criticized the plan, calling for the ANC to abandon Black Economic Empowerment (BEE) and race-based policies. DA’s Mat Cuthbert said the president’s plan mirrored the DA’s own proposals but was undermined by BEE, which he argued had hindered investment and growth. Similarly, Mmusi Maimane, leader of Build One South Africa (BOSA), questioned the state’s capability to implement the plan due to the ANC’s mismanagement of municipalities. Economist Bonke Dumisa also doubted the plan’s effectiveness, pointing out that similar initiatives had failed in the past.
The Democratic Alliance (DA), the ANC’s main partner in the GNU, criticized the plan, calling for the ANC to abandon Black Economic Empowerment (BEE) and race-based policies. DA’s Mat Cuthbert said the president’s plan mirrored the DA’s own proposals but was undermined by BEE, which he argued had hindered investment and growth. Similarly, Mmusi Maimane, leader of Build One South Africa (BOSA), questioned the state’s capability to implement the plan due to the ANC’s mismanagement of municipalities. Economist Bonke Dumisa also doubted the plan’s effectiveness, pointing out that similar initiatives had failed in the past.
