A raft of recently released official data and information depicts an economy and a country on a downward spiral notwithstanding positive political rhetoric from policymakers who have just been inducted into the new administration of President Cyril Ramaphosa.
It’s going to take time before policy co-ordination and implementation take root and filter down to the productive side of the economy and lift business and consumer confidence. However, the recently appointed chairs of some portfolio committees don’t engender confidence, as some have been implicated in wrongdoing and corruption. Whether they will perform differently this time round remains to be seen...
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