Share

Zuma must cut govt spending, urges DA

Cape Town - President Jacob Zuma should focus on restoring confidence in the South African economy when he takes to the podium during his State of the Nation address, the DA said on Thursday.

Zuma should provide clear leadership to address the crisis facing the economy, Democratic Alliance parliamentary leader Mmusi Maimane told journalists at Parliament.

"We face very difficult economic conditions, and could be on the verge of entering into a formal economic recession.

"If this happens, hundreds of thousands of South Africans could lose their jobs as the economy shrinks," Maimane said.

The first order of business for Zuma should be to bring an end to the strike in the platinum mining sector.

"President Zuma must address Amcu [Association of Mineworkers and Construction Union] on this matter," Maimane said, referring to the union's almost five-month-old strike.

"Amcu must accept that it will have to compromise. The employers must accept that they will have to compromise."

The compromise from government would entail providing more support to mining communities in future.

Zuma would also be expected to tackle corruption in government.

"It ruins confidence, undermines credibility of government, and drains resources," Maimane said.

"While the president must offer Parliament, the nation, and the public protector an explanation for why he benefited unduly from the upgrades to Nkandla, he must also put real measures in place to stop corruption in government at large."

Austerity measures should form part of Zuma's plans for the next five years, especially as the president's administration had become increasingly bloated.

"We must cut the costs of running government and spend state resources on infrastructure that facilitates growth," Maimane said.

"Instead of large government, large cars, and large houses, let us rather see large projects to improve this country, while saving wasted expenditure through tighter controls on spending by opening tender processes and making expenditure transparent."

A strong message on improving trade relations was key to bolstering the economy.

This included fast-tracking the Tripartite Free Trade Area in Africa to boost trade with other African economies.

Zuma would also help if he were to negotiate a continuation of the Africa Growth and Opportunities Act (AGOA) - which allowed duty-free trade between the US and Africa.

AGOA expires next year.

We live in a world where facts and fiction get blurred
Who we choose to trust can have a profound impact on our lives. Join thousands of devoted South Africans who look to News24 to bring them news they can trust every day. As we celebrate 25 years, become a News24 subscriber as we strive to keep you informed, inspired and empowered.
Join News24 today
heading
description
username
Show Comments ()
Rand - Dollar
18.80
+1.1%
Rand - Pound
23.49
+1.3%
Rand - Euro
20.10
+1.5%
Rand - Aus dollar
12.28
+1.0%
Rand - Yen
0.12
+2.8%
Platinum
923.40
-0.2%
Palladium
957.50
-3.3%
Gold
2,336.75
+0.2%
Silver
27.20
-0.9%
Brent Crude
89.01
+1.1%
Top 40
69,358
+1.3%
All Share
75,371
+1.4%
Resource 10
62,363
+0.4%
Industrial 25
103,903
+1.3%
Financial 15
16,161
+2.2%
All JSE data delayed by at least 15 minutes Iress logo
Company Snapshot
Editorial feedback and complaints

Contact the public editor with feedback for our journalists, complaints, queries or suggestions about articles on News24.

LEARN MORE
Government tenders

Find public sector tender opportunities in South Africa here.

Government tenders
This portal provides access to information on all tenders made by all public sector organisations in all spheres of government.
Browse tenders