SA not the only country experiencing political uncertainty: Gordhan

SA not the only country experiencing political uncertainty: Gordhan

Inclusive growth - that is the message South Africa will be taking to the World Economic Forum. 

Pravin Gordhan Flickr
Photo: GCIS

Finance Minister Pravin Gordhan is briefing the media in Johannesburg ahead of the annual gathering in Davos.

 

The World Economic Forum annual meeting will be held on 17 - 20 January 2017 in Switzerland under the theme Responsive and Responsible Leadership.

 

Gordhan says he still believes the positives far outweigh the negatives for South Africa, but the country needs to continue the discussion on the dangers of inequality and slow GDP growth.

 

"The frustration and discontent are increasing in the segments of society that are not experiencing economic development and social progress," says Gordhan.

 

This briefing comes a day after the ANC's extended National Executive Committee (NEC) meeting, where robust debates were held over the leadership of the ruling party.

 

Gordhan did not want to answer any questions on what was discussed, but says South Africa is not the only country with political uncertainty.

 

"You must just tell me which country has no political uncertainty. That is the new normal in the world. The question is how do we deal with it and ours, relatively speaking, is minor compared to the world trends that are actually developing," says Gordhan.



Video by Samkelo Maseko

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