Tuesday 21 May 2019
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The News - 6 days ago

S African president vows to speed reforms

JOHANNESBURG: South African President Cyril Ramaphosa pledged on Wednesday to use his victory in last week s election to impose faster reforms to boost the economy and turn around Eskom, the state s ailing power company. Ramaphosa spoke at a gathering of chief executives hosted by the Goldman Sachs investment bank in Johannesburg, signalling his pro-business stance after he took over from scandal-tainted Jacob Zuma last year. We identified a number of reform issues that we needed to address, we are now going to do that with greater speed, Ramaphosa said after the ruling ANC party won the May 8 election with its thinnest majority since the end of apartheid.

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