- The ANC is set to retake lost support according to David Makhura who said that the recent loss in the local elections is actually a "strategic setback"
- He said that the ANC would bounce back after being relegated to the opposition benches in Johannesburg
- The ANC has set up a task team whose job will be to regrow the ANC's support which dropped significantly between elections
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JOHANNESBURG - ANC Gauteng chair David Makhura has dismissed the ANC's recent poor performance in the local government elections in Gauteng. He labelled it a "temporary" and "Strategic" setback.
He told hundreds of newly elected councillors at the party's first assembly in Johannesburg that the ANC will regain lost ground and improve upon its service delivery.
TimesLIVE reported that Makhura said that this was a period of regrowth and the party has experienced setbacks in the past.
Economy relies on ANC presidential election outcomes, Ramaphosa needs to stay in power for the Rand's sake
He specifically mentioned the time when the party was almost wi[ed out but the ANC bounced back.
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The ANC's priority is to address the fundamental concerns of the people and address people's anger towards the ANC which was manifested by the low voter turnout two months ago.
IOL reported that the ANC has set up a task team whose sole job is to win back lost support after the recent local elections.
The party lost a significant share of its support base when the percentage of voters dropped from 53.9% in 2016 to just 47.90% in 2021.
SA's economy needs Ramaphosa to remain ANC president, Rand will collapse
Earlier, Briefly News reported that Fitch, an agency that specialises in credit ratings, predicts that the African National Congress's (ANC) internal presidential election in December can affect the strength of the Rand and the South African economy as a whole.
The agency believes that if Ramaphosa remains the president of the ruling party, the Rand will stabilise, but if he doesn't then the country's economic situation could unravel to the point where the Rand could collapse.
According to BusinessTech, the Rand is currently being weakened by the effects of the ongoing Covid-19 pandemic and growing distrust in the ANC, which could cause the currency to only grow by 2.1% this year.
EFF rejects R11 bn World Bank loan, SA says it's useless
Speaking of South Africa's economy, Briefly News previously reported that the Economic Freedom Fighters have South Africans divided after issuing a statement regarding Mzansi's R11 billion World Bank Loan.
Heading to their Twitter account, the party called the loan "senseless and irrational" and has asked citizens to reject the economic policy it believes will only benefit "a few whites and co-opted blacks".
Going on, the EFF explained how the loan was just another ploy by the wealthy minority and corrupt government officials to loot state money.
Source: Briefly News