These are the main economic policies for every one of the 48 parties that will appear on your national ballot on Wednesday
The 2019 elections are set to be the most contested in South Africa's democratic history, with the ruling African National Congress (ANC) possibly losing its outright majority in Gauteng for the first time.
A total of 48 political parties are competing in the general elections - nearly double the number than in 1994. But, with just hours before polls open, 2.2 million South African voters (roughly 8% of total voters) remain undecided, according to pollsters.
If you are in the same boat, here's some help to make up your mind: a summary of the economic policies of each of the 48 political parties.
The parties are listed in the order they’ll appear on the national ballot.
- Improve the working conditions of security guards and cleaners through insourcing.
- Increase salaries of security guards and cleaners to R12,500 a month.
- Reduce the working hours of security guards and cleaners to eight hours.
- Transform the economy through initiatives such as equitable land redistribution.
- Create an economic environment where business thrives by establishing proper governance in public institutions.
- Establish a State Bank that will manage all transactions between state entities by using stringent internal controls.
- Accelerate the adoption of disruptive technologies for enhanced knowledge-based economic development to stimulate entrepreneurial development and economic competitiveness.
- Address the issue of illegal economic migrants who in certain areas have displaced local small businesses from local industries.
- Provide incentives and policy certainty to accelerate inclusive economic growth and shared prosperity.
- Create 275,000 additional jobs a year by boosting local demand for goods, investing more in mining, manufacturing and agriculture and expanding export markets.
- Establish a Sovereign Wealth Fund to invest in strategic sectors of the economy and long-term social and environmental needs of the county.
- Establish an Infrastructure Fund to build roads, rail lines, hospitals, schools, dams and other infrastructure vital for a growing economy.
Agang South Africa (Agang SA)
- Grow the economy by cutting red tape and cutting bureaucracy.
- Government transfers 50% of the land it owns for residential property development, and for the building and establishment of factories and other industrial properties.
- Utilise industrial crops such as hemp, flax and soya offer to create new job opportunities in both urban and rural areas.
Al Jama-ah (Aljama)
- Identifying revenue streams related to 5G connectivity in South Africa.
- Co-ordinate business development and entrepreneurial workshops all over the country, to spur entrepreneurship among citizens.
- Inform its voters of the job opportunities available across all government entities through its monthly newsletter
- Subsidise all taxi trips by 50%.
- Allow taxi drivers to self-regulate their industry.
- Build better roads in townships and rural communities.
Azanian People's Organisation (AZAPO)
- Put emphasis on industrial development and the growth of labour-intensive sectors such as agriculture, agro-processing, manufacturing and beneficiation of minerals.
- Repossess land for black people.
- Own the means of production, distribution and exchange in South Africa.
- State intervention in the economy through regulations, total ownership, majority shareholding or minority shareholding in enterprises.
- All the means of production should be owned by the community.
No information could be found.
Black First Land First (BLF)
- All the land will be nationalised without compensation and equitably redistributed amongst the people.
- Abolish minimum wages and allow any person to work at wages they see fit.
- Stop state intervention and embrace free market economics where market forces grow the economy.
- Protect private property, and allow for expropriation only in the public interest such as the building of dams, freeways or railways.
- Stop borrowing to pay for everyday expenditure, but borrow for capital spending.
- Accelerate the growth of small to medium enterprises.
- Expropriate land without compensation.
- Build sustainable small businesses by cutting red tape.
- Empower youth to be entrepreneurs so that they can job creators and not job seekers.
Congress of the People (Cope)
- Create policy certainty and improve the trust between the government, the private sector, labour, academia and other stakeholders to allow for inclusive economic growth.
- Make labour and market laws and regulations less restrictive to encourage companies to invest in new enterprises to increase job opportunities.
- Manage the influx of immigration into South Africa in order for the country benefit from skills acquisition.
Democratic Alliance (DA)
- Provide policy certainty to give the private sector certainty to invest in South Africa.
- Introduce an act that will give special incentives to foreign and domestic investors who meet a minimum job creation threshold.
- Stop labour unions from damaging the economy, and limiting the rights of their members.
- Fight fraud to avoid a further downgrade of South Africa’s investment-grade credit rating.
- Cut “red tape” and craft legislation that will make it simple, within the scope of the various administrative controls, for Small, Medium and Micro-sized Enterprises (SMME’s) to source financial aid.
- Encourage citizens to establish home-based “nano-enterprises’ industries to spur economic growth.
Economic Emancipation Forum (EcoForum)
- Embrace pastoralism for rural and urban food security.
- Promote localisation of the full life cycle of mineral resources.
- Decolonise state entities such as treasury, law enforcement and the judiciary.
- The state should own the strategic sectors of the economy, and non-state-owned sectors should reflect the demographics of South Africa.
- Declare tax-free zones for industries on condition that each company employs 2,000 workers on a fulltime basis.
- Introduce legislation compelling all asset managers to place a minimum of 30% of their investments in the productive economy and not markets.
Forum 4 Service Delivery (F4SD)
- Reconstruct ward economies to make them more responsive, viable and inclusive by restoring dilapidated structures, whether in retail, mining or agriculture.
Free Democrats (Free Dems)
- Privatise state enterprises, as far as practically possible.
- Removal of restrictive labour laws.
- Lower taxes including reducing company tax to 20%, reducing VAT to 14 % and increasing the primary rebate to R250 000,00 per year.
Front National (FN)
- Market-led economic growth and deregulation.
- Apply inflation control where necessary.
- Investment in research based on merit.
- Restore the stability and confidence in government to create the conditions for economic growth, investment, new businesses and new jobs.
- Build infrastructure and create the policy certainty that allows South Africa to compete more effectively.
- Re-open closed mines and prospect new opportunities for minerals and energy.
Inkatha Freedom Party (IFP)
- Encourage foreign direct investment.
- Public private partnerships with a focus on State-Owned Enterprises and government services.
- Allocate all unused state-owned land to assist the poor.
International Revelation Congress (IRC)
No information found.
- Abolish small taxes such as vehicle taxes and financial transaction taxes while reducing personal income tax categories to only three.
- Abolish the Public Investment Corporation.
- Abolish all forms of BEE and official race-based discrimination and replace it with a poverty development programme.
Minority Front (MF)
- Scrap affirmative action.
- Create a plan to use vacant government land in the next 5 years.
National Freedom Party (NFP)
No information found.
- Nationalise banks and mines.
National People’s Front (NAPF)
- Prioritise the upliftment of South Africans above foreign nationals.
- Build infrastructure in a way that aid economic development in specific sectors.
- Build economic zones in rural areas.
- Government to own the means of production.
Patriotic Alliance (PA)
- Life sentences for those found guilty of corruption in government.
- Establish a state-owned bank to lend money to those who would not be able to afford the rates charged by private banks.
- Subsidise the taxi industry.
- End labour brokering.
Power of Africans Unity (PAU)
No information found.
- Establish a socialist government by abolishing private property ownership.
- Reverse the privatisation of government energy policy and sector.
- Cancellation of all rent, rates and electricity costs for working-class communities.
South African Maintenance and Estate Beneficiaries Association (SAMEBA)
- Enforce land expropriation without compensation.
- Distribute more money towards rural development.
South African National Congress of Traditional Authorities (Sancota)
- Scrap all municipal debt to Eskom.
- Hold an economic indaba to establish an economic growth vision for the next ten years.
- Stop borrowing money to fund government's day-to-day operational expenses.
- Ensuring policy consistency and certainty to spur investment.
Freedom Front Plus (VF PLUS)
- Privatise all state-owned entities.
- Lower personal and company tax.
- Abolish e-tolls.
Women’s Forward (WF)
- Improve the representation of women on boards, institutions and in government.
- Involve women in economic decision-making at all levels.
- Ensure land reform.
- Create an enabling environment through infrastructure development, a professional and streamlined public service, and good education.
- Ensure ease of starting a business by reducing unnecessary red tape.
- Promote and develop industries where there is a competitive advantage, such as tourism, mining and related industries.
African Congress of Democrats (A.C.D)
No information found.
African Content Movement (ACM)
- The state should own 90% of the economy.
- Those who want land should get it for free.
- Abolish social grants.
African Covenant (ACO)
- All land to be owned by the state.
- Review financial agreements entered into between the SA government and other parts of the world, and discontinue those which are corrupt and detrimental.
- Grow township and rural economies.
African Democratic Change (ADeC)
- Manage all mines in joint venture public-private partnerships for a period before it is fully owned by the communities.
- Establish new industries on state land that lies dormant and unused.
- Promote the utilisation of sustainable and eco-friendly energy by constructing more biomass-, hydro-, solar- and wind electrical power stations.
African Independent Congress (AIC)
No information found.
No information found.
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