ANC alliance partners are rejecting Mboweni's economic strategy: Analyst - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

  • 📰 SABC News Online
  • ⏱ Reading Time:
  • 32 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 16%
  • Publisher: 51%

Singapore News News

Singapore Singapore Latest News,Singapore Singapore Headlines

Some ANC alliance partners rejecting Mboweni’s economic strategy: Analyst sabcnews

Political analyst Khaya Sithole says some African National Congress alliance partners are rejecting Finance MinisterMboweni released the economic blueprint in August.

However, the SACP and COSATU have strongly criticised the plan saying they were not consulted before its release.Political analyst Khaya Sithole says:”He’s talking about this, he’s having the conversation at the wrong time so of course no political party is going to champion any restructure that says we going to cut 6000 to 10 000 jobs just when you’ve got the highest unemployment on record in the country.

“The problem here is how do actually implement some of these reforms without actually accelerating a pre-existing crisis and this is why you’re going to see the resistance coming from the other social partners.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 32. in SG

Singapore Singapore Latest News, Singapore Singapore Headlines