The governing party’s manifesto promises 3.5 million new state-created work opportunities, and a basic income grant built by extending and growing the Social Relief of Distress grant.
Dance me very tenderly and dance me very long: Cyril Ramaphosa, ANC president, during the African National Congress election manifesto launch at Moses Mabhida Stadium on 24 February 2024 in Durban, South Africa.
Prescribed assets, a sovereign wealth fund and an incursion of the state in monetary policy have been written into several ANC manifestos, but have yet to be implemented. The party also again promises more land expropriation without compensation. “…1.2 million young people each year join the labour market. Around 3.4 million young people are not in employment, education or training, and 4.9 million people between 18 and 35 years old are unemployed,” the manifesto states.The ANC also wants to start a “public banking sector” by creating more banks for specific sectors and a “public retail banking system”.
“We admit we made mistakes as the ANC, with some members and leaders undermining institutions of the democratic state and advancing selfish personal interests. On energy security, the party only devotes one line despite load shedding being one of its biggest challenges and a factor dragging down its support. It promises to “Promote cheaper and subsidised solar power”. The government will install rooftop solar panels in poor areas.
At total cost, the NHI envisages a budget of R600-billion a year, pooling the public and private health expenditures. Ramaphosa said the NHI Bill on his desk would be signed.Despite crime and corruption being one of the most pressing issues for the governing party, there is nothing new in its pledges, but rather a continuity of existing policies.
It highlights the ongoing overhaul of three significant pieces of migration legislation, and says that refugee and asylum centres should be placed closer to border posts. The party pledges to “Regulate employment of foreign workers … to give preference to South African jobseekers, and act against employment and exploitation of undocumented persons”. It also promises to simplify visa applications.
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