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However, there are question marks over his ability to deliver on the ambitious spending cuts needed as tax collection falls in a weak economy.
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DOI: 10.1108/OXAN-DB285317
ISSN: 2633-304X
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Geographic
Topical
Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.
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DOI: 10.1108/OXAN-DB253988
ISSN: 2633-304X
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Geographic
Topical
Meanwhile, the already dire state of public finances is set to deteriorate further as the economic impacts of the COVID-19 dampen revenues and increase debt, further undercutting…
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DOI: 10.1108/OXAN-DB253562
ISSN: 2633-304X
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Geographic
Topical
However, the MTBPS relies even more heavily on getting powerful public-sector unions to agree to unprecedented wage freezes over the next three years, putting its credibility in…
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DOI: 10.1108/OXAN-DB257211
ISSN: 2633-304X
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Geographic
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SOUTH AFRICA : Sluggish growth
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DOI: 10.1108/OXAN-ES242361
ISSN: 2633-304X
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Geographic
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Although this was above market expectations and the economy has avoided entering a technical recession, fears persist over the slow pace of reforms by President Cyril Ramaphosa’s…
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DOI: 10.1108/OXAN-DB246195
ISSN: 2633-304X
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Geographic
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Prospects for South Africa in 2020.
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DOI: 10.1108/OXAN-DB249037
ISSN: 2633-304X
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Geographic
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AFRICA: Reform bottlenecks will hold back growth
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DOI: 10.1108/OXAN-ES238938
ISSN: 2633-304X
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Geographic
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Yet market sentiment remains sceptical of Pretoria’s ability to deliver on the package, implement steep and politically contentious expenditure cuts and boost growth. Meanwhile, a…
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DOI: 10.1108/OXAN-DB257441
ISSN: 2633-304X
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Geographic
Topical
SOUTH AFRICA: New recession will raise pressure