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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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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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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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SOUTH AFRICA: Debt plans face manifold challenges
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DOI: 10.1108/OXAN-ES257180
ISSN: 2633-304X
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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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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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While the measures have been welcomed by investors, they depend on Pretoria reaching a deal with civil servants, whose unions have denounced the government’s plans.
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DOI: 10.1108/OXAN-DB250988
ISSN: 2633-304X
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SOUTH AFRICA: Wage battle turnaround will lift unease
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DOI: 10.1108/OXAN-ES257872
ISSN: 2633-304X
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South African relief package.
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DOI: 10.1108/OXAN-DB252305
ISSN: 2633-304X
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The announcement will put further pressure on South Africa’s already stressed financial markets. The rand and bond prices fell sharply yesterday, raising questions about whether…