Africa-Press – South-Africa. As this weekend marks 100 days since the formation of the Government of National Unity (GNU), some political analysts believe the GNU has stabilised and enhanced governance.
The African National Congress (ANC)’s poor performance in the 29 May elections compelled it to form a multi-party government, incorporating some of its biggest rivals.
With petrol prices set to drop for the 5th consecutive time in 2024, political analyst Kedibone Phago has attributed the country’s economic gains to the GNU.
“The economy is coming seemingly very well, and I think this is a demonstration of the market confidence in the manner in which the Government of National Unity has conducted itself, and maintained stability and decorum in the way the Cabinet has functioned.”
Another political analyst, Sanusha Naidu, agreed that the GNU is seemingly attracting investors to the country.
“I think there’s still a level of positivity within the GNU, but you can get the sense that it is becoming more of a bigger sell to investors, as we saw Ramaphosa in the US [United States] meeting with various investors and of course the meeting with Elon Musk and trying to get investors to invest in what’s going to be part of the economic reconstruction and recovery programme.”
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