Firms cling to cash amid high policy uncertainty, say academics

Prolonged policy uncertainty, whether it be lack of clarity on land reform or the end state of the electricity market, has left SA’s corporates sitting on pent-up cash.

Data from the SA Reserve Bank showed that by July, SA’s private non-financial corporates held more than R1-trillion. This comes as fixed investment in the economy has declined to historical lows, slumping below the levels considered necessary to boost economic growth...

Well who would want to invest money into any business with myriads of labour laws, compliance to regulations, BBBEE admin and plans with AA only and key personnel being sidelined because if racial profiling. Too many licences, laws restrictions, accreditations & SLOW beauracracy

A 'Child* of ANC policy ... scary

My first experience happens to be a failure but i never gave up cause i knew it was going to work out for me trying continuously, fortunately i'm smiling today by getting involved with peterniecy

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