Economy

Business confidence is less dismal in 2019Q4

South Africa Outlook Revised To Negative On Worsening Fiscal And Debt Trajectory; Ratings Affirmed

South Africa’s finances in shocking state

In a briefing at the Institute of Race Relations (IRR) yesterday, renowned economist Mike Schussler shared some shocking figures, noting that South Africa was powering headlong towards a fiscal cliff and that a policy of prescribed assets was increasingly likely.

Who’s afraid of a downgrade?

The dust has now settled somewhat following the disappointing Medium Term Budget and, lo and behold, markets are mostly up.