BUSINESS DAY TV: ‘SA must sort out policy and political uncertainty’
Dennis Dykes is the chief economist at Nedbank: P2 BUSINESS DAY TV: Joining us in the News Leader studio now to discuss how the ratings agencies are viewing SA at the moment is Nedbank’s chief economist Dennis Dykes. Dennis ... so you’ve heard the conversation we had with the director-general of the National Treasury, what are you making of the announcements that have come to the fore, should we necessarily be taking the reprieve we’ve been offered as, as much of a good thing as Treasury seems to have? DENNIS DYKES: The actual statements themselves aren’t that overly enthusiastic about the situation. Really the very clear message that comes through here is that we’ve got to sort out policy uncertainty, political uncertainty, political infighting, so that the right policies can be put in place, that we see stronger growth over the medium to longer term. So it’s very much a case of saying, okay we’ve seen some good things happening, we’ve seen the municipal elections, we’ve seen the p...
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