South African economy volatile due to changes in inventories
Domestic final demand, which excludes the change in inventories and foreign trade, is more stable
Domestic final demand, which excludes the change in inventories and foreign trade, is more stable
Streamlined cabinet aimed at reviving economic growth
But down on 2014 national elections
A record 26.8 million South Africans were registered to vote in this election, but there were a further 7 million who were eligible to vote, but did not register [PREUSS]
The ruling African National Congress (ANC), which was formed in 1912 to combat the 1913 Land Act, and banned from 1960 to 1990, retained its majority in the 2019 elections with a 57.5 per cent share of the vote.
Indaba was shifted one week earlier due to May 8 election
“This industry must be positioned as a key empowering sector of the economy whosepower we should unleash and use to change the lives of people in our urban and ruralareas,” Ramaphosa noted [PREUSS]Many delegates said that although this year’s Indaba was quieter than previous years due to the date shift from the traditional second week of May, they also said that they had a better Indaba as they could engage for longer with their partners.
The 30-member body will guide government policy
Ramaphosa wants the commission members to be from different sectors of society and reflect a balance in gender, youth, labour and business [PPIO]The euphoria that accompanied the election of Cyril Ramaphosa as leader of the African National Congress (ANC) in December 2017 has morphed into a dystopia, as business executives wonder whether the ANC is capable of leaving its ideological baggage of Marxism /Leninism behind and instead embrace the Fourth Industrial Revolution (4IR).
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Final sales grew 10.7 per cent in fourth quarter as net exports add 8.7 percentage points to GDP growth