The outcomes of the recent African National Congress national executive committee meeting presented by the notorious Ace Magashule this week were not surprising – dull and vague. It was a reminder that whenever the ANC and its partners, the Congress of South African Trade Unions and South African Communist Party, enter a room to deliberate on the country’s economy, one should prepare for a disappointing outcome.
The whole world, a world that includes the ANC and its affiliates, knows how lacklustre South Africa’s economy has been over the past ten years.
Last week, Bloomberg reported that South Africa’s economy entered the 70th month of a weakening cycle in September. Their report was based on the South African Reserve Bank’s (SARB) Quarterly Bulletin released in Pretoria…..
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