DUMA GQUBULE: Brace yourselves for a bumpy ride out of the economic crossroads
Austerity doesn’t bode well for GDP — but nor does the status quo
28 October 2019 - 15:52
On Wednesday, finance minister Tito Mboweni will deliver the most important medium-term budget policy statement in post-apartheid history. He is expected to also release a revised economic growth strategy and a plan to tackle Eskom’s debt.
After five consecutive years of declining GDP per capita — the IMF has forecast another decline during 2020 — the economy is at a crossroads...
Would you like to comment on this article?
Sign up (it's quick and free) or sign in now.
Please read our Comment Policy before commenting.
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.
Questions? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now.