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Economic plans may not stir South African government

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SOUTH AFRICA

Amid a surge of COVID-19 infections, however, the government appears focused on the health rather than the economic aspects of the crisis.

Prospects for South Africa to end-2020

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PROSPECTS H2 2020

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…

Ramaphosa’s union struggles could determine rebound

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SOUTH AFRICA

This followed two days after Finance Minister Tito Mboweni’s Medium Term Budget Policy Statement (MTBPS), which offered an honest assessment of the steep deterioration in the…

South African IMF loan will raise reform stakes

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SOUTH AFRICA

SOUTH AFRICA: IMF loan will raise reform stakes

South African budget plans may prove too ambitious

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SOUTH AFRICA

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…

South African budget may partly ease downgrade fears

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SOUTH AFRICA

Gordhan outlined a programme of tax increases for South Africa’s highest-earners, in addition to increased educational and social security spending. The budget attempted to…

South African lockdown easing should reduce hardship

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SOUTH AFRICA

The re-opening comes despite an infection rate that is expected to peak only later this year.

South African entrenched interests could stifle reform

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SOUTH AFRICA

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…

South African debt plans face manifold challenges

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SOUTH AFRICA

SOUTH AFRICA: Debt plans face manifold challenges

Prospects for South Africa in 2020

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PROSPECTS 2020

Prospects for South Africa in 2020.