Critics assail limp economic plan
President Cyril Ramaphosa’s economic recovery plan has received a muted response, with analysts calling it predictable, unfortunate and a recycling of old, failed policies.
Leon Louw, founding director of think-tank Free Market Foundation, told City Press that Ramaphosa’s economic recovery plan was a long wish list of imaginary blessings, and called for bold, pro-market reforms.
Nthabiseng Moleko, a managerial economics and statistics lecturer at Stellenbosch University and a commissioner at the Commission for Gender Equality, called for an alternative economic framework that looks at reshaping and reforming the country’s financial markets.
Ramaphosa presented South Africa’s economic reconstruction and recovery plan in Parliament on Thursday. The announcement followed a postponement of the
