By Busi Mavuso
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.
Interventions by governments and monetary authorities around the world have been dramatic in response to Covid-19 – reminiscent of war times.
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.
What we called for in last week’s Budget Speech 2020 was substance rather than the bluster of words of intent. Tito Mboweni rose to the challenge.
Much is riding in the 2020 Budget speech because a slide into full junk status by Moody’s is a very clear and present danger.
President Cyril Ramaphosa gave a positive SONA 2020 with some real plans to deal with our economic problems. The challenge is implementation.
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