We've got news for you.

Register on BusinessLIVE at no cost to receive newsletters, read exclusive articles & more.
Register now

The greatest challenge faced by our ANC-led government since our democracy came into being in 1994 has been to build an inclusive economy and, more importantly, to kick-start a chain of events that allows prosperity to filter down to all. Unfortunately, this ideal has been through some trying times. We have been buffeted by macroeconomic headwinds and a host of political factors, including credit-rating downgrades and allegations of state capture. It is an uncomfortable truth that the emerging market in SA is highly exposed to economic shocks and setbacks, and it generally lacks the sustainable buffer of financial security to hedge the effect of these fluctuations. The Momentum/Unisa consumer financial vulnerability index shows that consumers are becoming more financially vulnerable. The four components of the index — income, expenditure, saving and debt servicing — worsened for a second consecutive quarter last year. Government and its policies remain the primary gatekeepers when i...

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 articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.

Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now

Would you like to comment on this article?
Register (it's quick and free) or sign in now.

Speech Bubbles

Please read our Comment Policy before commenting.

Commenting is subject to our house rules.