Political parties want the Finance position in the Goverment of National Unity , but the Institute of Race Relations has a better idea.Multiple political parties have their eye on the National Treasury as negations for a Government of National Unity continue. However, the South AfricanJulius Malema declared Shivambu as the best person for this role at a press briefing at the IEC’s Results Operations Centre last week.
The ANC had some candidates in mind for the Finance Minister position, but having lost their majority in parliament, they would now have to give away some key positions such as the Ministry of Finance.head of strategic communication, Hermann Pretorius said an independent candidate in a strategic role such as Finance would be able to act in a responsible manner devoid of political interference and agendas.
“As economic growth is the fundamental challenge facing South Africa, it is encouraging that there might now be a route to reversing the damaging fiscal recklessness pushed by political interests from 2008 onwards,” Pretorius said.“In fact, South Africa’s fiscal multiplier has over time turned negative, meaning wasteful and irresponsible government spending has incurred economic damage,” Pretorius said.
Pretorius said the appointment of an independent candidate would be an important first step towards attracting skills to government roles and placing merit and ability above political loyalty in governmental roles.“Beyond finance, however, the other cabinet portfolio that stands as a strong contender for the appointment of an independent expert to lead is that of mineral resources and energy. Economically, mining remains a critical sector,” he said.
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