SIFISO SKENJANA: Debt is permissible when growing output and exports
Prioritising microeconomic tools is key if SA is to shrug off stagnation and ubiquitous oligopolies
19 November 2019 - 17:26
SA recently hosted a national investment conference and the Africa Investment Forum, both broadly proclaiming that SA, the Southern African Development Community and Africa at large are open for business.
A week earlier, Moody’s Investors Service had downgraded the outlook for SA’s credit rating to negative, citing ballooning and unsustainable debt levels, weak economic growth, high unemployment and income and social inequality...
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