Business Leadership South Africa said the government’s package of support can be funded from expected additional revenues due to high commodity prices this fiscal year, but with caution.
“There are other things the government can do to help. Some resources have not been spent from the Covid-19 response that can be redirected to support damaged businesses,” Mavuso said. Anchor Capital’s investment analyst Casey Delport said preliminary estimates indicated that the major components of the relief package might be covered by the likely revenue overshoot in financial year 2021/22, based on buoyant commodity prices and an ongoing recovery in general tax revenues.
“Furthermore, in response to the recent unrest, we still see the risks to the economic growth rate as biased towards the downside.
We need operation khiph’islip for the stolen land. Our people are angry, Ramaphosa must go.
We all know Ramaphosa doesn’t care about our people. Why on earth would he take food from our people? Food that could last them months and bribe them with R350? In the process he’s wasting 600m in deploying the army to harass our people from they homes. BS
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