Three years ago it became clear to me that SA’s economic situation had deteriorated significantly and would get worse because the government had nothing to offer except the same dish of structural reforms and austerity it has served with different spices each year.
At a Black Business Council conference I called for emergency measures to grow the economy. These included the suspension of the inflation target until the economy had an acceptable growth rate, an emergency interest rate cut of 200 basis points and a R500bn fiscal stimulus to be spent on infrastructure over three years.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
STEPHEN CRANSTON: Black fund managers have a big voiceGrouping manages 7% of SA savings and investments
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: Channel24 - 🏆 48. / 51 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
Source: eNCA - 🏆 49. / 51 Read more »
SA Corporate Real Estate CEO has turnaround planVeteran CEO Rory Mackey is staying on to put the listed property company back on track
Source: BDliveSA - 🏆 12. / 63 Read more »
Source: TheCitizen_News - 🏆 6. / 75 Read more »