Next round of Ramaphoria may be shorter in SA - chart | Fin24
 
  • Electric Car Tax

    Electric vehicles in SA are being taxed like luxury cars, which has reduced their popularity.

  • New Premises

    KPMG says it's on a journey of renewal as it opens its new Cape Town office.

  • Fin24’s newsletter

    Sign up to receive Fin24's top news in your inbox every morning.

Loading...

Next round of Ramaphoria may be shorter in SA - chart

May 07 2019 19:03
Fin24

Deputy President Cyril Ramaphosa. (Gulshan Khan, AFP)

President Cyril Ramaphosa - whose ruling African National Congress is forecast to retain its majority on Wednesday - has pledged reforms to boost a sluggish economy as well as to restructure state-owned companies and root out corruption.

But he has presided over unemployment at a 15-year high of 27% with a significant proportion of the adult population living below the poverty line and many South Africans still lacking adequate electricity, sanitation and housing.

In terms of real GDP per capita growth over the past two decades, South Africa has the poorest record of the major emerging-market economies, according to Bloomberg Economics.

Less Ramaphoria

Find everything you need to know about the 2019 National and Provincial Government Elections at our News24 Elections site, including the latest news and detailed, interactive maps for how South Africa has voted over the past 3 elections. Make sure your News24 app is updated to access all our elections coverage in one place. 

,election 2019

cyril ramaphosa  |  ramaphoria  |  elections 2019
NEXT ON FIN24X

 
 
 
 

Company Snapshot

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...

Voting Booth

Do you think government can solve the Eskom crisis?

Previous results · Suggest a vote

Loading...