South Africa: a decade of slump and the end of the “New Dawn”
On Friday 14 September, President Cyril Ramaphosa announced his much-awaited economic stimulus package, which is supposed to “kick-start” the sluggish economy and “ignite” growth. With the economy back in recession and the support for the ANC at a record low seven months before the next general elections, Ramaphosa has to move quickly to prevent the party losing its majority, which would usher in a new period of instability in the form of coalition politics.