There's an economic reason to relax BEE laws, but it also works for ANC – analyst
The ANC will continue to talk about the importance of BEE as it was an important election issue for the ANC.
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The ANC will continue to talk about the importance of BEE as it was an important election issue for the ANC.
Silke estimated the ANC would receive between 45% and 50% of the votes, which put the party in danger of having to seek coalition partners.
‘I get the impression from the business leaders who've engaged in this conversation that they seem to regard government as a lot more serious, or certainly the commitments made in the meeting with President Ramaphosa, a lot more serious about managing the process,’ says the political economy analyst, Daniel Silke.
Eskom has already reduced load shedding from stage 6 to stage 3, despite predictions we might be facing stage 8 during winter.
South Africa’s 0.4% gross domestic product (GDP) growth in the first quarter (Q1) of 2023 is nothing to be excited about.