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My interview with @eNCA on the @SAReserveBank’s decision to cut the #reporate with my grandson popping in for a visit! As many of us are #workingfromhome, I’m sure you can relate!
Strategy document prepared by @TreasuryRSA makes sense & addresses structural impediments to growth, but will it receive support from the broader #ANC alliance & the marginalised sections of South African society? #SACP#strategydocument
Comprehensive and well presented #SONA contains some encouraging features for longer-term growth, but can it be implemented given #factionalism within the #ANC? Does it really enhance adverse #CreditRatings outlook?
#Ramaphosa's speech at #MiningIndaba was a precursor to #SONA and messaging was consistent with his original presidential election manifesto or "New Deal": however, debatable whether #investment will be forthcoming
Disturbing slump in growth of new car sales in January suggests economy started the year on a weak note despite lower fuel prices: significant downside risks to growth forecasts for 2019 #CarSales
Modest decline in PMI in January in line with PMIs in major trading partners provides a mixed picture of conditions in manufacturing, but at least there is no major decline #PMI#Manufacturing
Watch my interview with @LiaboSetho for @SABCNewsOnline on the link below discussing reforms needed to achieve #InclusiveGrowth
https://t.co/yQUJjAyA1f
@SAReserveBank clearly wanted to raise interest rates from the outset & rationalised its reasons for doing so: it may be some time before further #rate hikes are announced. #RepoRate
Ramaphosa's #CabinetReshuffle - redeployment of Mokonyane & failure to drop Dlamini from Cabinet signals a reluctance to act against members of #Zuma faction prior to the general election.
Ramaphosa's #CabinetReshuffle - by combining the telecommunications & communications portfolios, President @CyrilRamaphosa signalled his intention to reduce the size of the Cabinet as a means of saving money for government % improving coordination and efficiency.
Would you like to have a better understanding of how the economy works and how it impacts on your organisation? Econometrix is offering an introductory Basic Economics Course : Thursday 6 December 2018 Book Now !
#DA's recommendations to recover from #recession make a lot of sense &, would undoubtedly be supportive of renewed #investment in the economy if implemented but are unlikely to attract support from the majority of the population that seeks more, not less, government intervention
Finance Minister, #Nene implicitly agrees there is an #economic crisis and expresses hope that government can generate an environment conducive to increased #investment