JOHANNESBURG – South African President Cyril Ramaphosa may be on course to retain power in Wednesday's election, but he will face the immediate challenge of fixing a floundering economy that is stoking public unrest.
South Africa's economy grew at less than one percent last year and slipped into a brief recession during the third quarter of 2018. "Business has put a lot of resources behind him, to support him to succeed but he's going to have severe political constraints because his party is divided between the good people and the bad people," said Lumkile Mondi, a senior lecturer at the University of the Witwatersrand in Johannesburg.
His "ability to achieve key targets, such as his promise of US$100-billion investment in five years, depends on his capacity to maintain primacy... within the ANC," said Ellis.
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