SONA 2025: Walking the talk, how far has South Africa come?

South Africa's State of the Nation Address (SONA) is a critical moment for the nation to reflect on its economic progress, priorities, and challenges. In a recent interview on CNBC Africa, Dr. Nthabiseng Moleko, a Development Economist from Stellenbosch Business School, shared insights on the significance of SONA under a Government of National Unity (GNU) and the evaluation of the country's economic direction. Dr. Moleko emphasized the importance of assessing the nation's economic growth, business confidence, poverty, unemployment indices, sector performance, and state capacity. She highlighted the need for a comprehensive review of the economic strategy to address inequalities, poverty, and de-industrialization. The interview also delved into global factors impacting South Africa's economic vision, particularly in the face of Trumpanomics and shifting trade dynamics. Dr. Moleko called for a reevaluation of economic models in mining, manufacturing, and trade to adapt to the changing global landscape and the need for greater self-reliance in financing development. The interview concluded with a call for policymakers to rethink strategies and engage in immediate action to navigate the evolving economic environment. The upcoming SONA presents an opportunity for South Africa to realign its economic priorities and chart a new course towards sustainable growth and development.