JOHANNESBURG - President Cyril Ramaphosa this week came under intense pressure to appoint a credible Cabinet capable of implementing his reform agenda with his picks likely to determine the direction of the markets and investor sentiment in the next few months.
“These will also be scrutinised by the credit rating agencies given the implications for the fiscal ratios, with the government deficit presently close to 5 percent of gross domestic product and debt hovering at 60 percent of GDP.” Nolan Wapenaar, fund manager at Anchor Capital, said it would be crucial for the economy that Ramaphosa appoints a skilled executive.
Here it is: DO NOT HOLD YOUR BREATH.
We all waiting to see the rot go
Hope springs eternal from the human breast
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
'Cabinet size, structure among key post-election investor issues for Ramaphosa' | IOL Business ReportThe size and structure of SA's new cabinet are among the key issues investors will judge President Ramaphosa on after last week's national elections. busrep We need to seriously talk about provinces. We don't really need them. We're not a federal state. I still don't know what those provincial parliamentarians really do. We can save lots of money by getting rid of them or reduce them as a start.
Source: IOL - 🏆 46. / 51 Read more »
Cabinet to be restructured to benefit economy - Ramaphosa | IOL Business ReportPresident Cyril Ramaphosa has assured a gathering of investors in that his Cabinet will be restructured to bolster plans ... Ramaphosa is all about money he care about nothing elss New Dawn appears fake news. The list of candidate MPs,as submitted to CJ Moeng, contains most of the incompetent & corruption tainted ANC members. More of the same 💩!
Source: IOL - 🏆 46. / 51 Read more »
Ramaphosa says turnaround at Eskom will bear fruit soon | IOL Business ReportPresident Cyril Ramaphosa today told local and international investors that South Africa’s economy would be in ‘top gear’. busrep And let me guess.....he allegedly lied with a straight face and then laughed. busrep How can a company who supplies the majority of S A's with 220v be in debt of over R400 billion ......... BILLION Something not right there !! 🤢 busrep Fruit for who is the question? Won’t be us we will get another tarring increase.
Source: IOL - 🏆 46. / 51 Read more »
OPINION: Key post-election investor issues for Ramaphosa | IOL Business ReportWith the elections now behind us, investors’ focus will shift to President Ramaphosa’s ability and political will in addressing issues of concern.
Source: IOL - 🏆 46. / 51 Read more »
Ramaphosa says new administration will repair economy | IOL Business ReportThe president was on a charm offensive a day as pressure mounted on him to improve SA's competitiveness and turn state-owned entities around following last week's elections. busrep
Source: IOL - 🏆 46. / 51 Read more »
Ramaphosa says government is committed to speedy economic reforms | IOL Business ReportSouth Africa’s President Cyril Ramaphosa said on Wednesday that the African National Congress-led government will speed up economic reforms. busrep Investors will only take you seriously when they see some serious action being taken against corruption, but yet, those implicated in corruption still rule the roost. busrep So you will get all the comrades to give the money back they stole and have them prosecuted. Get the ANC publicly apologize for failing SA for the past 25 years
Source: IOL - 🏆 46. / 51 Read more »
45% of SA firms are targeted by cyber attacks - report | IOL Business ReportA report by the Ombudsman for Banking Services revealed that 50 percent of all complaints are fraud-related, reinforcing ...
Source: IOL - 🏆 46. / 51 Read more »
Competition Commission recommends prohibition of WeBuyCars acquisition by Naspers | IOL Business ReportSouth Africa's Competition Commission recommended that the Competition Tribunal block the proposed acquisition of WeBuyCars an entity of Naspers.
Source: IOL - 🏆 46. / 51 Read more »
Apple faces rise in iPhone costs | IOL Business ReportApple could see the production costs for its iPhone rise given the impact that trade tensions between the US and China are having on input materials. busrep
Source: IOL - 🏆 46. / 51 Read more »
Bargaining ride hailing app launches in Johannesburg | IOL Business ReportJozi-based ride-hailers can now bargain for a fair price with inDriver, a newcomer to the local e-hailing scene.
Source: IOL - 🏆 46. / 51 Read more »