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President Cyril Ramaphosa. Image: X/@CyrilRamaphosa.

Home » Poverty in SA can’t be fought through ANC’s ‘failed’ policies

Poverty in SA can’t be fought through ANC’s ‘failed’ policies

The IRR says the MPC’s policy proposal is a warning to President Ramaphosa and the ANC to get serious on economic growth.

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President Cyril Ramaphosa. Image: X/@CyrilRamaphosa.

The Institute of Race Relations (IRR) says the Multi-Party Charter’s (MPC) economic policy proposal and position on economic growth is a step in the right direction.

The MPC, which is a coalition of opposition parties, unveiled its economic recovery and job creation plan this week at a press conference held at the Durban harbor on Wednesday.

ALSO READ: Multiparty Charter unveils economic recovery and job creation plan

MORE OPPORTUNITIES, JOBS AND PROSPERITY

“At the end of the day, a growing economy means an education system that works, a healthcare system that actually cares, more opportunities for entrepreneurs and businesses, more jobs – a rising tide of prosperity that will lift all and at long last roll back the tide of apartheid-era poverty across the country,” says Hermann Pretorius, head of strategic communications at IRR.

He said poverty cannot be combated through failed redistribution policies and ideologies.

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MPC’S PROPOSED REFORMS A WARNING TO RAMAPHOSA

He said South Africa faces a potential shift in governing policy, with multiple surveys, including the IRR’s, indicating a decline in the ANC’s electoral support. Pretorius said this is a warning to President Cyril Ramaphosa and the ANC to get serious on economic growth.

“The MPC’s commitment to fiscal discipline and economic growth is significant. The proposed reforms, if implemented, would not only align with some of the IRR’s core recommendations but also mark a pivotal moment in South Africa’s journey towards prosperity and equality,” he said.

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ANC’S PRO-GROWTH POLICIES HIGHEST SHARE VOTE 2004

Pretorius said South Africans still remember the economic progress achieved during the first twelve years of ANC governance.

“It was the ANC’s pro-growth policies that saw the party achieve its highest ever share of the vote in 2004 with almost 7 in 10 voters supporting the prosperity and jobs created by the ANC’s fiscal restraint and freeing of the economy,” he said.