Instead of scrapping ANC economic policy, DA ministers are now implementing it

Trevor Manuel’s medium-term budget policy statement could have taken a more aggressive approach.

But the fund needs to be restructured in the long term. Lloyd Gedye reports.

The South African economy was back on the policy frontburner this week with two major documents emerging from the ANC.

The government has allocated an additional R170-billion to spending over the next three years, and next year state spending will jump to 29% of GDP.