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GNU having ‘positive effect’ on business confidence

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Cyril Ramaphosa said the formation of the Government of National Unity (GNU) has had a positive effect on business confidence

The ANC, DA, IFP, PA, PAC and Good party among others came together to form the GNU after the 29 May polls.President Cyril Ramaphosa believes the formation of the government of national unity has had a positive effect on business confidence in the country.The ANC, DA, Inkatha Freedom Party , Patriotic Alliance , Pan African Congress , Good party among others coalesced to form the GNU after the polls on 29 May.

“Investors have also been concerned about obstacles to growth, such as delays in the release of broadband spectrum, inefficiencies in ports and rail operations, and regulations that have slowed down licensing processes,” Ramaphosa added.“Bodies like the National Prosecuting Authority, Special Investigating Unit and the Hawks are reinvigorated and have brought several high-profile cases to trial.

 

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SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.President Cyril Ramaphosa says the GNU has agreed to respect the rule of law.
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