EFF, Cope, DA, IFP, FF+ all gave their recommendations and points of order ahead of the State of the Nation Address, as parliament was turned into a blaming game.
Eventually, order restored and the president outlined his address.
Notable five key points were made such as:
*SA Tourism will invest R100 million a year to promote domestic tourism,
* Minister of health will soon announce major campaign on HIV prevention,
* A state-owned pharmaceutical company has been established (Ketlaphela)
* Funding of R740m over three years allocated to connect government buildings to broadband,
* Fast-track a one-stop investment shop to review blockages and barriers of entry into the economy for SMMEs
One would have expected ‘Msholozi’-clan name- to elaborate further on poor school system the country is facing, mines that are shutting down, fiscus (although he decided to live that to the minister Pravin Gordhan budget speech next week) and most importantly creation of jobs.
This is where the ‘bite lacked’ as the country wanted to establish whether the Government’s 9point-plan has been expeditiously effected and put into action, among others.
For the coming weeks and months, president Zuma and his administration would be under scrutiny on whether they will ‘walk the talk’ post the budget speech.
With Municipal Elections looming it will be interesting to see how the market reacts because whenever ‘we sneeze the whole world catches the flu’.
