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.
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Here it is: DO NOT HOLD YOUR BREATH.
We all waiting to see the rot go
Hope springs eternal from the human breast
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