Mixed reaction to President Ramaphosa's idea of a mixed economy - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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Different organisations have reacted to President Cyril Ramaphosa’s weekly letter to the nation. In the letter, Ramaphosa again stressed the need to build a strong developmental state.

It is a sentiment supported by ANC NEC Economic Sub-Committee Chair and Finance Minister Enoch Godongwana.

The Democratic Alliance has received the principle of a mixed economy with an expanded private sector favourably. “I am delighted that for the first time now we have an ANC President admitting that a statist approach is not going to get growth and that you need the private sector and announced some of the things that the DA has been talking about for years cutting red tape, involving the private sector, opening the economy, more realisation that the state cannot drive growth in South Africa or create jobs, so this is a major shift.

EFF leader Julius Malema says this is tantamount to a vote of no confidence in the Minister of Small Business Development.

 

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Ramaphosa is generally a good nan;but if in the same stable you got ruthless sharks like Jacob Zuma and Elias Magashule - you need to be a decisive leader!

Only good at corruption

Cupcake is ideologically bankrupt

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