What big business wants for South Africa's future [Yahoo! Finance]
BIDVEST GRP LTD S/ADR (BDVSY)
NASDAQ:AMEX Investor Relations:
bidvest.co.za/investor-presentations.php
Company Research
Source: Yahoo! Finance
In the aftermath of the elections Dion George, who oversees economic policy for the Democratic Alliance (DA), has told the BBC that political parties need to "set aside our deeply entrenched ideological perspectives" to get the economy growing again. The African National Congress (ANC), the party that ended white-minority rule in 1994, came first in last week's polls, but did not win an outright majority and is trying to put together a government of national unity. South Africa's President, the ANC's Cyril Ramaphosa, has said the concerns of citizens must be the priority. "These issues include job creation and the growth of our economy that will be inclusive, the high cost of living, service delivery, crime and corruption," he said recently. Nearly eight million people are unemployed across the country, meaning the jobless rate is 32.9%. It is one of the highest in the world and has been called a "ticking time bomb" in a UN report. Amid ongoing power cuts that make it dif
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