David Masondo, the deputy minister of finance, has said that should South Africa be governed by an unstable coalition after elections later this month, President Cyril Ramaphosa’s reform agenda could be derailed.
Masondo was talking to investors earlier this week at an event hosted by the Bank of America.
Masondo said that he believed the ANC would retain its outright majority but an unstable coalition could derail the government’s economic reform agenda.
BusinessLive quoted Masondo as saying: ‘There is no doubt that an unstable coalition would threaten continuity and place at risk the economic reform agenda that we have begun in this administration.’
Masondo told the gathering that the country was making progress on the energy and logistics crises facing it.
[Photo: SA Government]