South Africa needs a fiscal reset
The country’s main challenge is the restoration of economic growth. As the ANC government had no plans to address this, all eyes have turned to the GNU
13 February 2025 - 05:00
February is budget month for South African households after the festive December and tight January. Many must reset their financial plans, as they face unpaid bills from the festive season and large expenses such as school fees and uniforms. They must make ends meet within the limitations of available means and resources.
This issue is at the heart of economics. What people want and need is unlimited, while their means and resources are not. Even wealthy households face restricted resources in the form of limited time. It was Oscar Wilde who said: “No man is rich enough to buy back his past.”..
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