Our economy is on the brink of a recession. President Cyril Ramaphosa hopes to stimulate the economy with a stimulus plan of about R43bn, which will come from existing budgetary resources and new investments. This plan is set to inform finance minister Nhlanhla Nene’s medium-term budget policy statement in October. Efficient Group chief economist Dawie Roodt joined Business Day TV to discuss the stimulus plan.

OR LISTEN TO THE AUDIO:..

Subscribe now to unlock this article.

Support BusinessLIVE’s award-winning journalism for R129 per month (digital access only).

There’s never been a more important time to support independent journalism in SA. Our subscription packages now offer an ad-free experience for readers.

Cancel anytime.

Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.