MAMOKETE LIJANE: Without fiscal austerity, debt levels will continue to rise

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 25 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

South Africa Headlines News

Fiscal consolidation remains critical for long-term stability and policymakers have their work cut out, writes Mamokete Lijane

SA is being priced out of desirable long-term, fixed-rate, rand-denominated debt. Debt pricing developments bring to mind the sentiment in Ernest Hemingway’s famous quote: “How did you go bankrupt? Two ways. Gradually, then suddenly.”

In many ways debt distress is not an event but the gradual build-up of fragility. Along the way there are signs that there will be trouble down the line. Domestic bond yields continue to flash amber, and policymakers had better take heed...A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I just want to thank you KATHERINE_4174 for being there for me Madam. Lately, i saw that my profit has been credited back to my wallet account. I was curious and it's also exciting.. You are the true Madam🙏🙏🙏!!!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

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.

Ex-PSL top scorer marches on at 42The incredible heartbeat of the feat of a former PSL top scorer remains pumping as he continues to defy age with a club that is top of the standings! 🔥 Read more here! ➡️
Source: KickOffMagazine - 🏆 36. / 51 Read more »

Lawsuits no bar to alternative classes, Allianz head signalsReal estate, infrastructure and private debt highlighted as main growth areas
Source: BDliveSA - 🏆 12. / 63 Read more »

Powell hails Blitzboks' X-factor after Sevens team's win in MalagaThe Blitzboks have won again, this time in Malaga, after an epic showing in the final against Argentina.
Source: TheCitizen_News - 🏆 6. / 75 Read more »

Mandela auction stopped as family fights with ‘rogue’ daughterAllegations that Makaziwe Mandela removed heritage objects from Mandela’s house without permission Nelson Mandela is not my favorite person, but I thought he had Zinzi and zenani as daughters, so who's the rogue one? But it's her father's things why are the grandchildren opening they big mouths. I don't like Nelson Mandela but I feel his children should do whatever they want with they fathers things. why should they be broke when they Tata is a icon in the sells department of SouthAfricans 𝙸 𝚓𝚞𝚜𝚝 𝚖𝚊𝚍𝚎 R100k 𝚒𝚗 5 𝚍𝚊𝚢𝚜 𝚘𝚏 𝚝𝚛𝚊𝚍𝚒𝚗𝚐, 𝚒𝚝'𝚜 𝚞𝚗𝚋𝚎𝚕𝚒𝚎𝚟𝚊𝚋𝚕𝚎! 𝙰𝚕𝚕 𝚝𝚑𝚊𝚗𝚔𝚜 𝚝𝚘 Stephanie_fx_tr 𝚐𝚛𝚊𝚝𝚎𝚏𝚞𝚕 𝚖𝚊, 𝙸'𝚕𝚕 𝚔𝚎𝚎𝚙 𝚘𝚗 𝚝𝚎𝚜𝚝𝚒𝚏𝚢𝚒𝚗𝚐 𝚘𝚏 𝚢𝚘𝚞𝚛 𝚐𝚘𝚘𝚍𝚗𝚎𝚜𝚜
Source: SowetanLIVE - 🏆 13. / 63 Read more »

Cape Town hit by heatwaveThe Mother City has been hit by a heatwave with temperatures rising above 40 degrees celcius. Really? A heatwave? In cape town? Where I live? I honestly had not noticed. Thank you for the great review that we had the other day. You made it easier for me to understand crypto trade. earn 🙌 R75k$ with the help of MichaelWeldon_ 𝙸 𝚓𝚞𝚜𝚝 𝚖𝚊𝚍𝚎 R100k 𝚒𝚗 5 𝚍𝚊𝚢𝚜 𝚘𝚏 𝚝𝚛𝚊𝚍𝚒𝚗𝚐, 𝚒𝚝'𝚜 𝚞𝚗𝚋𝚎𝚕𝚒𝚎𝚟𝚊𝚋𝚕𝚎! 𝙰𝚕𝚕 𝚝𝚑𝚊𝚗𝚔𝚜 𝚝𝚘 Stephanie_fx_tr 𝚐𝚛𝚊𝚝𝚎𝚏𝚞𝚕 𝚖𝚊, 𝙸'𝚕𝚕 𝚔𝚎𝚎𝚙 𝚘𝚗 𝚝𝚎𝚜𝚝𝚒𝚏𝚢𝚒𝚗𝚐 𝚘𝚏 𝚢𝚘𝚞𝚛 𝚐𝚘𝚘𝚍𝚗𝚎𝚜𝚜
Source: eNCA - 🏆 49. / 51 Read more »

Inside Labour | Clover deal goes sour as unions battle retrenchments | CitypressInside Labour | Clover deal goes sour as unions battle retrenchments, writes Terry Bell I'm sharing this because this was exactly how i saw so many posts about Stephanie Obrien and how she was helping individuals with their trades and i decided to give it a try and luckly it went well, Contact her via her profile link below 👇👇 Stephanie_fx_tr A secure and trusted analyst get you the best return made, such guaranteed returns made from BITCOIN INVESTMENT, you really did brighten my day, thanks Nichelle_91 As a mother of two kids I have battled alot with my financial state to the point of begging from friends just to survive,until I started Bitcoin trading with the help of AMBREYMARCUS1 I made a successful withdrawal of R 200,000 with the help of AMBREYMARCUS1 .
Source: City_Press - 🏆 7. / 72 Read more »