2nd quarter GDP | How to get the South African economy on a recovery path

South Africa needs urgent economic recovery strategies to save the country from a fiscal cliff. Economists have been estimating a decline of up to 60% on the country's Gross Domestic Product or GDP, but the 51% contraction reported by Statistics South Africa yesterday, still came as a jolt.
Despite the fact that the South African economy has been shrinking over the years, including four consecutive contractions recently, a crippling decline of this magnitude was last seen in 1993/94.
With the effects of the COVID-19 pandemic, the country needs a clear plan to bring a necessary turnaround strategy into play.
Will President Cyril Ramaphosa's infrastructure investment package worth 2.3 trillion rand over the next 10 years, be the answer to some of the damage caused to the economy?
To discuss this, we're joined by the former Gauteng MEC for Economic Development, who is now the head of the Investment and Infrastructure Office in the Presidency, Dr Kgosientso Ramokgopa.

[BlackApache]

Get rid of the ANC and the economy will recover