So we know Ace Magashule's macroeconomics are so dodgy that he can't tell quantity easing from quantitative easing (QE). And we know (or should) SA isn't really a candidate for QE, which advanced-economy central banks resorted to only because they'd already cut interest rates to zero to avert a global depression.

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.