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Jonas: New political leadership needed to save economy

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Former deputy finance minister Mcebisi Jonas. (Pic: Gallo Images)
Former deputy finance minister Mcebisi Jonas. (Pic: Gallo Images)

Johannesburg – A change in political leadership is needed to save the South African economy, according to former deputy finance minister Mcebisi Jonas.

Jonas was delivering the keynote address at The Director’s Event in Sandton on Friday, where he unpacked the challenges stifling growth in the economy.

Among the biggest weaknesses in the economy is a lack of policy certainty, and Jonas suggested that a change in political leadership could help create more stability. “A significant possibility we must put our eyes on … is what happens in December, leadership change in the ruling party.

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