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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…
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DOI: 10.1108/OXAN-DB247562
ISSN: 2633-304X
Keywords
Geographic
Topical
Prospects for South Africa in 2020.
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DOI: 10.1108/OXAN-DB249037
ISSN: 2633-304X
Keywords
Geographic
Topical
The decision of the three rating agencies not to downgrade is a welcome reprieve for Pretoria after months of uncertainty and severe fluctuations in the value of the rand. South…
The budget framework presented on February 20 provided a record 69-billion-rand (5-billion-dollar) rescue package for ailing power utility Eskom over three years. Despite measures…
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DOI: 10.1108/OXAN-DB242124
ISSN: 2633-304X
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Geographic
Topical
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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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…
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DOI: 10.1108/OXAN-DB251684
ISSN: 2633-304X
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Geographic
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Capacity constraints across Eskom’s power stations have resulted in sustained rotational load shedding (power outages) in recent weeks, while its debt and liquidity issues risk…
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DOI: 10.1108/OXAN-DB240480
ISSN: 2633-304X
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Geographic
Topical
Data released by Statistics South Africa last week also showed economic growth declining by 2.2% quarter-on-quarter, a reminder of the economy’s continued fragility. New President…
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DOI: 10.1108/OXAN-DB235396
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
Keywords
Geographic
Topical
Prospects for emerging economies to end-2016.