Economists believe degree of political and economic compromise has paid to have GNU

JOHANNESBURG - Some economists believe a degree of political and economic compromise has paid off as the country assesses the work of the Government of National Unity (GNU).

The seventh administration has been in office for 100 days now with early signs of improved optimism about economic growth.

A stable electricity supply and increased investor confidence are among soft indicators of what’s to come.

While it’s still early days, political economist Dale McKinley said it's a promising start.

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"The general signs, the exchange rate, the investment indicators are all fairly predictable and whether that will hold in the next 100 days will remain to be seen," said McKinley.

Wits Business School Professor Jannie Rossouw said the next few months and years will be make or break.

"The GNU is a small window of opportunity to get policies in place that will get rapid economic growth in South Africa. That will help us to get rid of our unemployment problem," said Rossouw.