One Year In - Has The GNU Delivered?
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Guest – Jason Swartz, Portfolio Manager, Old Mutual Investment Group
One year in and the government of national unity has yet to usher in a tangible economic boost. Yet, despite its ructions, one positive is slowly emerging: when push comes to shove, South African politicians can actually work together.
With a fractious year under its belt, the long-term prospects for South Africa’s government of national unity (GNU) are as changeable as the weather. Yet, despite the simmering tensions, it’s becoming increasingly apparent that there is also a pragmatic realisation among those at the coalface of governing that these are early days and all parties are still getting to grips with the dynamics of coalition politics.
One year in and the government of national unity has yet to usher in a tangible economic boost. Yet, despite its ructions, one positive is slowly emerging: when push comes to shove, South African politicians can actually work together.
With a fractious year under its belt, the long-term prospects for South Africa’s government of national unity (GNU) are as changeable as the weather. Yet, despite the simmering tensions, it’s becoming increasingly apparent that there is also a pragmatic realisation among those at the coalface of governing that these are early days and all parties are still getting to grips with the dynamics of coalition politics.