The
Africa Confidential Special Briefing on South Africa's Economy – Part Four
This fourth issue of the
Special Briefing on South Africa's 2009 elections and their
aftermath concentrates on the following areas:
* An assessment of the African National Congress
Youth League (ANCYL) as a force within the ANC Alliance and analysis
of the 'youth factor' in South African society, economy and
politics.
* The future of
nationalisation as an issue of investor concern.
* Government concerns about
the parlous state of governance in parastatals (state-owned
enterprises).
* Finance minister Pravin
Gordhan's – and President Jacob Zuma's government's – maiden budget,
presented to Parliament on 17 February 2010, and its implications for
continued economic recovery this year.
* The content and
implications of the new Industrial Policy Action Plan, launched
by the Trade and Industry Minister, Rob Davies, on 18 February
2010.
* The challenges facing the
mining sector, including the implications of the growing calls from
within the ANC alliance for nationalisation.
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election that brought Jacob Zuma to power; PART TWO assessed the make
up of the cabinet and assessed the early policy differences to the
government of Thabo Mbeki. PART THREE examined the late November
mid-term budget picking up signals as to where Jacob Zuma intends to
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The Briefing is researched and written by two
highly experienced and independent consultants on South Africa's
politics and economy.
Alexander Johnston was Professor of Political
Science at the University of Natal, Durban until 2002. As an academic,
he published widely on the politics and international relations of
South Africa. From 2003 until 2008, he was Senior Associate at the
Centre for Development and Enterprise, a business-funded, public
policy research and advocacy organisation in Johannesburg. At CDE, he
managed research and wrote reports on all aspects of public policy in
South Africa.
Jesmond Blumenfeld has taught economics at the
Universities of South Africa, Witwatersrand, Brunel and Oxford. From
1989-1991 and 1999-2002, he was Convenor of the Southern Africa Study
Group at the Royal Institute of International Affairs in London. As an
academic and an independent consultant to international business, he
has written for over 30 years about the political economy of South and
Southern Africa.
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