South Africa’s rapid action to prevent accelerated domestic transmission of the coronavirus has been widely praised. But, as in many countries, despite a substantial bailout, the pandemic is causing significant damage to the economy, from which it will take a long time to recover.
Even before the pandemic, South Africa’s economy was in recession. Citizens’ support is being tested by the need for immediate livelihood protection, and long term recovery will require public trust.
As the long-standing party of government, the African National Congress (ANC) is at the forefront of policy formation and debates on the future role of the state in the governance of state-owned enterprises, and transformation policies such as empowerment legislation and land reform.
Paul Mashatile is joined for the Q&A by Enoch Godongwana, Chair of the ANC’s Economic Transformation Committee.
Participants
Paul Mashatile, Treasurer General, African National Congress (ANC)
Chair: Dr Alex Vines, Managing Director, Ethics, Risk and Resilience; Director, Africa Programme, Chatham House
