On Sunday 16 June, President Uhuru Kenyatta told a religious gathering at a stadium in Nairobi: “When they see me remain silent, they should not think they are threatening me. I will flush them out from where they are.”
South Africa: Austerity no longer the answer – Pravin Gordhan
Gordhan has been trying to find a balance between reining in spending to contain South Africa’s budget deficit and avoid credit rating downgrades, while also finding ways to boost economic growth and provide basic services to the poor.
In South Africa, as well, we have some austerity fans amongst our public commentators and its time to rethink
“What’s very clear is that austerity, which we in some parts of the G20 thought was absolutely necessary … is no longer the answer,” Gordhan told business leaders. “In South Africa, as well, we have some austerity fans amongst our public commentators and its time to rethink.”
Africa’s most developed economy is barely growing after a drop in commodity prices crippled the mining sector, a severe drought hammered farming output and policy uncertainty spooked investors.
The ruling African National Congress will face tough competition in local elections next week with all parties campaigning on promises to tackle high unemployment and deliver better lives for millions of poor people.