Cabinet GNU: The strengths, the weaknesses — Ray Hartley

Loading player...
There are some big surprises and disappointments in the first Cabinet of South Africa’s new Government of National Unity (GNU). In this interview with BizNews, Ray Hartley of The Brenthurst Foundation looks at how well matched the new Cabinet is to deal with the country’s priorities over the next five years. He says it is “clearly not a proportional cabinet” - and it “does weaken things a little bit” and “makes it less difficult” for the Democratic Alliance (DA) should the day come when they have to leave”. He points out that it is “quite clear that the ANC is not letting go of the Economic Cluster”. And he is concerned that South Africa “may have an underperforming Cabinet” - and that the necessary reforms “may not occur swiftly enough to actually get to deal with these big logistical problems that are holding up economic growth”. However, he stresses that “it could have been a lot worse” - and that the outcome has shown that it is possible “to reach across some big divides in the interests of pragmatic progress”.
1 Jul 2024 7AM English South Africa Investing · Business News

Other recent episodes

BN Daybreak: Zille on Joburg's last chance; AI stock warnings; Cape gangs; Civic tech

In today's BizNews Daybreak, Helen Zille warns Johannesburg faces its final chance to reverse municipal collapse. Heindrich Wyngaard explains why military presence alone cannot dismantle the Cape Flats' deep-rooted gang economy. Lance Dickson introduces "Ryze," a platform channeling public rage into organized civic action. Finally, Sean Peche cautions investors against…
23 Jul 11PM 15 min

Parliament faces protest over lagging legislation for a provincial referendum

In this interview with Chris Steyn, Heindrich Wyngaard, the executive chairperson of Cape Forum, details plans for a protest outside the National Assembly next month over the long wait for appropriate legislation to enable a provincial referendum . “And we are also planning to be present at that Home Affairs…
23 Jul 9AM 18 min