|Tag: recession

UDMYV: President Ramaphosa must take the nation into confidence: how will the technical recession be dealt with?

The United Democratic Movement Youth Vanguard (UDM Youth Vanguard) is concerned that, since the announcement broke through the media that South Africa is in a technical recession, the country has not heard from President Cyril Ramaphosa. The UDM Youth Vanguard would like to know from the President, what does this technical recession mean for the youth and the poorest of the poor. The fuel price keeps on increasing, food prices are ever on the rise [...]

2018-09-11T16:26:33+02:00September 10th, 2018|2018 Archive, Home, Media statements: UDMYV, Youth Issues|Comments Off on UDMYV: President Ramaphosa must take the nation into confidence: how will the technical recession be dealt with?

UDM reacts on South Africa exiting recession with 2.5% of GDP Growth

STATEMENT ISSUED BY MR NQABAYOMZI KWANKWA – UDM DEPUTY PRESIDENT AND CHIEF WHIP The United Democratic Movement (UDM) welcomes the good news of South Africa’s exit from the recession. The poorest of the poor need a better performing economy to take them out of poverty, unemployment and inequality. We hope, corruption which compounds these triple challenges, will also be defeated and buried with urgency, so that this improved economic performance benefits the people; not the [...]

2017-09-05T14:13:18+02:00September 5th, 2017|2017 Archive, Archives, Economy, Home, Issues, Media statements: UDM|Comments Off on UDM reacts on South Africa exiting recession with 2.5% of GDP Growth