Economic Disaster! ANC Unveils a NEW Action Plan

President Cyril Ramaphosa has just wrapped up the ANC NEC’s “Emergency Economic Meeting”, and the speech was… something. In this video, I break down his entire 16-minute closing statement so you don’t have to sit through it.

From praising Eskom despite failing energy availability, to plans built on slogans rather than solutions, this “economic action plan” raises more questions than answers. We unpack the key points:

The ANC’s unwavering commitment to BEE & affirmative action
Eskom’s alleged “progress” vs. the real numbers
Transnet, freight, and failed infrastructure promises
Tariffs on chrome & manganese — and why they might backfire
Government expansion, shrinking tax base & false job creation
Centralized planning vs. real provincial economic growth
Trade diversification & the looming fallout with the U.S.
Pension fund investments, “economic war rooms,” and merit-based hiring (with a catch)

The bottom line? Lots of headlines. No real plan.

#southafrica #ramaphosa #economicplan #anc #eskom #Transnet #loadshedding #bee #southafricanpolitics #politicalanalysis #economiccrisis

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