biggest economy. i will be discussing all of that with these two. there they are, the head of one of south africa s leading business groups, hotels with a top priority for any new government has to be fixing the basics, electricity, water and transport. also, the man in charge of economic policy for the democratic alliance. as the second biggest party, they are said to have an influential say in the future of south africa. plus, working harder in your work day. the big boss of the us software giant that helps power netflix, levi s and fedex tells me why ai will bring a step change in human productivity. wherever you arejoining me wherever you are joining me from around the world, once again, a warm welcome. this week, we are focusing on south africa, one of the most advanced economies on the continent, but one with huge challenges for the new government to get to grips with. unemployment, power cuts and infrastructure are just the start. that is despite the imf, the internati
once again be the continent s largest economy, ahead of nigeria and egypt. the anc, it came out on top in the recent elections with 40% of the vote. but for the first time since the advent of democracy in 1994, nelson mandela s party didn t win a majority, making a coalition government very likely. what this election has made plain is that the people of south africa expect their leaders to work together to meet their needs. as you can see here, the economy has grown significantly since the end of apartheid in the 1990s. but amid widespread difficulties, it s really struggled to grow in the last decade or so. one of the most pressing issues in the election was unemployment. one in three south africans that could work don t have a job. it s one of the highest rates in the world. as a result, over 2a million people, or 39% of the population, receive some form of government welfare payments. that s just one thing that s pushed up government debt. other factors include less money
Sebola appealed against the court ruling which declared his appointment as municipal manager null and void after he was selected out of three applicants who had applied for the position.
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Democratic Alliance (DA) Shadow Minister of Finance Dr Dion George noted on Thursday that while the African National Congress (ANC) government obscures the true extent of the economic hardship South Africans face, the DA’s statistical tool Misery Index cuts through the confusion. George was briefing the media on the new index tracking the ANC’s economic failures, which he said debunked what the ANC had said in its election manifesto about “30 glorious years” since the party came to power, with ANC President Cyril Ramaphosa boasting about economic growth on the campaign trail.