The last time I covered one of the presentations of the insightful and brutally frank Dawie Roodt, who is chief economist of Efficient Group, I was admonished by my usually very chilled-out news editor. He told me to stick to my knitting — which is a weekly column on economics, finance, business and companies. I was reprimanded for wandering into the viper pit of SA politics. So this time around, I will be looking at Roodt’s thoughts on the latest budget (that is economics and finance, right?) and will certainly be sanitising any of his strongly worded opinions. Speaking at the Free Market Foundation, Roodt (an ichthyologist) compared an economy to the ecology of a fish tank: keep it in balance and don’t meddle with its natural dynamics, otherwise the fish will inevitably die. Roodt looked at the SA fish tank and its latest big feed, that is the recent budget, and found it very light in content. It was rather a case of treading water until the upcoming national elections. He also ob...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as exclusive Financial Times articles, Morningstar financial data, and digital access to the Sunday Times and Times Select.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00.