Picture: 123RF/RATTANASIRI INPINTA SA requires creative and innovative solutions to put the economy back on a sustainable financial path. Structural reforms are needed to enable a more business-friendly environment aimed at encouraging investment to grow the economy.
The country has benefited in recent months from a commodities boom, which provided an unexpected tax windfall. This has resulted in an unprecedented trade surplus — meaning more capital has flowed into the country than out of it — that has helped to underpin the rand, contain inflation and keep interest rates at historically low rates.
The state’s finances have benefited from the mining […]
Full Post at www.businesslive.co.za