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SOUTH AFRICA: DA Leader Plays Down Option of GNU Exit

SOUTH AFRICA
EM BulletBulletGlobalEmerging Market NewsRegion

Democratic Alliance leader John Steenhuisen said Thursday, “The DA will not crash the government unless the government is crashing the economy or trashing the constitution.” The comments follow concerns that the party would threaten to exit the GNU over its opposition to the Basic Education Laws Amendment Bill (BELA). 

  • “Conflict over policy in a multi-party government like the GNU is normal and indeed necessary in a democracy and it is not necessarily an existential threat to the government,” he said, as per Bloomberg.
  • “The bottom line for the DA is the economy that grows and creates jobs. If the GNU cannot or won’t do that, there is no point being part of it.”
  • Bloomberg write that the DA and some other parties have objected to provisions in the BELA that they say gives the education department excessive powers to determine language policy and admission criteria at government schools. 
  • The comments may be contributing to the rand's recovery off today's low. However, the rand remains the weakest currency in EMEA, with USDZAR still slightly higher at typing.
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Democratic Alliance leader John Steenhuisen said Thursday, “The DA will not crash the government unless the government is crashing the economy or trashing the constitution.” The comments follow concerns that the party would threaten to exit the GNU over its opposition to the Basic Education Laws Amendment Bill (BELA). 

  • “Conflict over policy in a multi-party government like the GNU is normal and indeed necessary in a democracy and it is not necessarily an existential threat to the government,” he said, as per Bloomberg.
  • “The bottom line for the DA is the economy that grows and creates jobs. If the GNU cannot or won’t do that, there is no point being part of it.”
  • Bloomberg write that the DA and some other parties have objected to provisions in the BELA that they say gives the education department excessive powers to determine language policy and admission criteria at government schools. 
  • The comments may be contributing to the rand's recovery off today's low. However, the rand remains the weakest currency in EMEA, with USDZAR still slightly higher at typing.