Johannesburg - The perilous state of the South African economy is the single biggest threat to the country’s future, Democratic Alliance leader Mmusi Maimane said on Saturday.
Speaking to reporters at Nkululeko House in Johannesburg after the DA's two-day federal executing meeting (FedEx), Maimane said on top of the agenda was South Africa’s deep and persistent economic crisis and how the DA planned to rescue and reform the economy.
"The perilous state of the economy is the single biggest threat to our country’s future. It is with great concern that over the past months the conversation has moved from how to grow the economy to how we avoid total collapse," he said.
"There exists a tangible mood of fear throughout the country, with the vast majority of South Africans lacking hope in the future. Discontentment with the current downward spiral is fast producing fertile soil for mass rebellion. The reality is that change will come, whether by the ballot or other means. We have no more time to kick the can down the road. We need immediate action."
Despite this, the requisite urgency and a bold reform plan from President Cyril Ramaphosa and his African National Congress government was lacking. For the past 18 months Ramaphosa had occupied the presidency it had been business as usual, with an added dose of "economic gimmicks" in the form of summits, talk shops, and roadshows.