South Africa 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 in order 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 that more capital has flowed into the country than out of it – helped to underpin the rand, contained inflation and kept interest rates at historically low rates. The state’s finances have benefitted from the mining sector’s […]
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