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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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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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Preparations were disrupted by the COVID-19 pandemic and the start has been postponed until July 1.
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DOI: 10.1108/OXAN-DB260552
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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Although the bank has acted on various fronts to support the economy, including a limited bond-buying programme, it continues to resist calls for full-blown quantitative easing…
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DOI: 10.1108/OXAN-DB254234
ISSN: 2633-304X
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The gains in global equities stem from the expanding universe of negative-yielding government bonds, which now account for nearly a third of the stock of global sovereign debt…
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DOI: 10.1108/OXAN-DB213055
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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The UK vote on June 23 to leave the EU ('Brexit') startled global financial players, putting pressure on leading central banks to stabilise markets and keep bank funding flowing…