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Address by President Cyril Ramaphosa to the Joint Sitting of Parliament on South Africa's Economic Reconstruction and Recovery Plan.
Some attempts have been made by the government and NGOs to advocate for more equal rights for women. Few months ago, President Ramaphosa announced his new cabinet in which half of all ministers are women. However, the private sector has been slower on the uptake. The world of business is still very much dominated by men.
The ANC’s 2019 manifesto refers to investigating prescribed assets, which are defined as the proportion of financial institutions’ resources that would be assigned to socially productive assets as a key priority. Prescribed assets are mentioned under the two sections in the 2019 manifesto. Both mentions refer to investigation and that no detail has been provided about the form that the prescription could take.