ANC reveals 10-point economic revival plan

JOHANNESBURG - The past few days have produced some notable moments in politics.

WATCH: Discussion | Ramaphosa unveils new economic action plan

At the end of the ANC NEC meeting in Boksburg, the party revealed a ten-point plan to revive the country's ailing economy.

Meanwhile, as the local government elections approach, Build One South Africa, Rise Mzansi and the Good party merged to form United for Change.

Political analyst, Sandile Swana discussed the political developments with eNCA.

The ANC has resolved to set up an economic war-room in the Presidency.

Party president, Cyril Ramaphosa, outlined a 10-point plan earlier targeting 3 percent growth going future.

South Africa recorded 0.8% growth in the second quarter of the year.

Following a meeting of the ANCs National Executive Committee, the party came up with a ten point plan.

It includes accelerating the diversification of South Africa’s trade partners and expanding exports under the African Free Trade Agreement.

Ramaphosa says big ticket infrastructure projects will be ringfenced and managed by professional managers.

He says pension funds and other funds will be used to finance these projects.

Ramaphosa says that development financial institutions will be transformed to help expand support to small, medium and micro enterprises.

Azar Jammine, Director and Chief Economist at Econometrix, unpacked the plan's points with eNCA.

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