By Busi Mavuso
ANC leadership is finally accepting the world as it is and not how it wants it to be.
Government must be agile in responding to changing conditions. The risk-based framework for opening the economy allows agility to some extent by giving it tools to fine-tune.
If our fiscal roadmap includes plans for the start of a new state-owned airline and, given our most recent record in managing one in SAA, one wonders what sort of terms will be struck.
On Friday, the curtain finally starts to lift on what must rank as the most difficult period for a South African economy that has been through the worst over the past decade.
Trade and industry minister Ebrahim Patel briefs business on government’s risk-adjusted strategy in reopening the economy.
By Busi Mavuso
There’s a lot riding on the solutions that the cabinet proposes to recast the economy for much-needed growth.
National Treasury and the Reserve Bank are stepping up to the plate with responses to the Covid-19 pandemic – despite having very little wiggle room given our fiscal constraints.
We need to consider the ramifications of the lockdown on the world once we win the war against Covid-19.
SA needs to implement structural reforms, which will imbue the state with credibility at a time when it will count the most as investors settle into a post-coronavirus world.
Indecision is a certainty in SA that has long plagued our economy. But now we have an unprecedented new layer of uncertainty added in the form of coronavirus.
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